[CLSTR]
< Back to situations

Monitor this situation.

[SITUATION] · [QUIET] · [BUSINESS]

2 clusters · 9 sources · 18 days · First seen · Last updated

Chilean e-commerce market growth

Overview

Chilean e-commerce is experiencing significant growth and expansion. In mid-September, data indicated a surge in online purchases ahead of national holidays, with regional areas outside Santiago, such as the northern region, seeing a 33% increase in orders. This growth was driven by increased access to digital catalogs and a rise in digital wallet usage.

Following this trend, the Santiago Chamber of Commerce announced the upcoming CyberMonday event, scheduled for October 5 to October 7. The event is expected to feature 514 brands and generate approximately US$ 460 million in sales, marking a projected 3% increase from the previous year. This milestone also commemorates the 15th anniversary of CyberMonday in Chile, reflecting the sector's evolution from a minor channel to a fundamental part of the national economy.

Entities

Colliers · Daniel Mas · La Casa de las Carcasas · Cámara de Comercio de Santiago · Tiendanube Chile

Timeline

  1. [BUSINESS] 7 sources
    Chile's CyberMonday to feature 514 brands and US$ 460 million in sales

    Chile's CyberMonday will run from October 5-7, featuring 514 brands and an estimated US$ 460 million in sales, marking 15 years of e-commerce growth in the country.

  2. [BUSINESS] 2 sources
    Chilean regions lead e-commerce growth ahead of national holidays

    Chilean regions outside Santiago, particularly the north, are leading e-commerce growth ahead of national holidays, with digital wallet usage and regional online shopping rising significantly.

Sources

elmauleinforma.cl · elproa.cl · g5noticias.cl · latercera.com · mediabanco.com · noticiasriobueno.com · radiosanbartolome.cl · reportediario.cl · revistamercados.com