Chile Profit Rate 
TechCrunch
JULY 22, 2021
E-commerce in LatAm has taken off at a compound annual industry growth rate of 16% over the past five years. That leaves major Spanish countries like Mexico, Colombia, Chile and Argentina without a leading independent last-mile logistics company. The holdout: Latin America. All of these are challenging in LatAm.
TechCrunch
SEPTEMBER 23, 2021
This desire to talk to a real person explains why Moya sees video chat as an efficient way to reduce cart abandonment rate — a major issue for e-commerce. Aggregating data from 44 studies, UX research institute Baymard estimated the average documented online shopping cart abandonment rate at near 70%.
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TechCrunch
OCTOBER 26, 2021
The company intends to expand into other countries where e-commerce is growing, including Colombia, Argentina, Chile and Peru. The penetration rate is still small, but we see that significantly change 10 to 100 times over the next couple of years.”. Since then, the company became profitable, growing over 300% in 2020 alone.
TechCrunch
AUGUST 17, 2023
It also reached profitability in 2022. billion, showing an annual growth rate of 23%. We’ve achieved remarkable results, generating over $100 million in annualized revenues with an annual growth rate exceeding 100%.” The company plans to double the amount of SKUs in the next year and enter into new product categories.
TechCrunch
FEBRUARY 25, 2022
Traditional financial institutions charge outrageous interest rates and require hefty down payments, making it nearly impossible for members of a lower-income population to afford to purchase their own car. Lima-based Leasy is different, said Gilardini, in that its interest rates are far lower and terms much more flexible.
TechCrunch
JULY 1, 2021
The company has been profitable since 2018, and until January 2021 had been bootstrapped from inception, reinvesting its cash generation into growth and portfolio expansion, according to CEO and 2TM Group Executive Chairman Roberto Dagnoni. It’s also 11 times the volume experienced during the same period in 2020.
TechCrunch
MARCH 10, 2022
One of its early customers is Babytuto , a parent and baby product retailer in Chile that initially worked with the company for Cyber Monday. Topsort has gained most of its customers in the past four months, and some of them are already bringing in $1 million to $15 billion in gross merchandise value.
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