E-commerce in Mexico and Brazil is booming, here’s what AI tech is doing about it

  • “During the first quarter of 2020, Visa reported that 13 million people in Latin America made their first online purchase.
  • Shopping app downloads in Latin America grew 43 percent year-over-year in May.
  • ‘All our customers saw a 130 percent increase in new users,’ José Sánchez, Spreaad’s co-Founder, told Contxto.
  • ‘During this time, retail sales increased and the conversion rate was reduced from around 25 days to 18 days. That means shoppers are deciding faster on their purchases.’”

E-commerce in Mexico and Brazil is booming, here’s what AI tech is doing about it

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