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E-commerce in São Paulo State to Grow 32% in 2020, Says Trade Federation

SÃO PAULO, BRAZIL - São Paulos e-commerce will close 2020 with a 32% growth in revenues compared to 2019, according to projections from the Cyclical Research of Electronic Commerce (PCCE), by the São Paulo State Federation of Trade in Goods, Services and Tourism (FECOMERCIOSP). With the sales projected for Christmas and adding Black Friday purchases, the sectors sales will reach R$29.2 (US$5.9) billion in November, against R$22.1 billion in 2019. According to the survey, conducted quarterly ...
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