E-commerce should reach $22 bn in 2021 and grow 30% this Christmas

E-commerce sales in Brazil in 2021 are expected to grow 26%, which would lead the sector to a turnover of R$ 110 billion ($22 bn). A survey conducted by EbitNielsen also indicated the expectation for Christmas this year with an expected increase of 30% to R$ 3.38 billion ($676 mm) in sales. The 2021 result, however, will be limited by the more gradual recovery of the economy, expectations of higher basic interest rates and higher inflation.

Source: UOL Economia