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Article: TECHNOLOGY: New B2B and B2C solutions for Latin America.
- Article from:
- Revista Latin Trade
- Article date:
- March 1, 2001
CopyrightCOPYRIGHT 2001 Freedom Magazines, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Building a strong technological infrastructure is vital to Latin America's economic future. As more businesses and consumers go online, the patterns of communication and commerce will continue to evolve.
A January report by U.S. research firm Emarketer indicates that total e-commerce revenues in Latin America reached US$3.6 billion in 2000. Business-to-business (B2B) transactions accounted for US$2.85 billion, while business-to-consumer (B2C) transactions generated US$724 million. The study found that Brazil, Mexico and Argentina together account for approximately 65 percent of the region's 9.9 million Internet users, with Brazil boasting 3.9 million, followed by ...