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Latin American eCommerce market

LatAm: E-Commerce to Grow at a 19% CAGR Over the Next 5 Years

Global eCommerce market will grow at an average of 11% over the next five years with Latin America leading the way, according to new data from leading payments company Worldpay.Latin American eCommerce market is set to grow at a CAGR of 19% over the next five years, rising from US$59bn today to US$118bn in 2021 – the biggest rise of any region.