What are the cross-border e-commerce platforms in Latin America and what is the market situation? Latin America refers to the region of the Americas south of the United States, with an area of more than 20 million square kilometers and a population of 650 million.

What are the cross-border e-commerce platforms in Latin America and what is the market situation?

Latin America refers to the region of the Americas south of the United States, covering an area of more than 20 million square kilometers and a population of 650 million, mainly speaking Spanish and Portuguese (Brazil). Historically, Latin America was a colony of Spain and Portugal, so Spanish and Portuguese (Brazil) predominant, in addition to English, French, Dutch, etc. There are 33 countries in Latin America, with many small and medium-sized countries, and the main markets are Mexico and Brazil, of which Mercado Libre is the top cross-border e-commerce platform in Latin America, with a monthly activity of more than 600 million, covering 18 major countries in Latin America. Latin American markets need to be aware of risks such as poor infrastructure, political instability, logistics and customs clearance issues.