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Article: Argentina: The retail sector on the Internet turned over Pesos $82mil in 2000.
- Article from:
- South American Business Information
- Article date:
- July 16, 2001
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Argentina, Jul 12, 2001
During the meeting of the e-Business Club in Buenos Aires city, Jorge Becerra consultant of the Boston Consulting Group said that although retail e-business in Latin America is small it is growing fast. Retail transactions via Internet generated Pesos $82mil last year, seven times more than in 1999. Brazil turned over $300mil and Mexico $91mil only. Argentina's B2B is lead by auctions said Becerra. The e-business Club is formed by IBM, EMC2, Entrust, Cisco Systems, La Nacion, Sun Microsystems, Microsoft, People Soft and Telecom. Auctions amongst consumers generated $35.5mil last year, followed by hardware and software sales ($14.1mil), ...