For the primary time in historical past, Magalu offered extra on {the marketplace} than in bodily shops. Whereas e-commerce generated BRL 4.4 billion within the first quarter of 2023, conventional branches offered BRL 4.2 billion.
Gross sales made by third events throughout the platform elevated by 19% in comparison with the identical interval in 2022. Magalu has greater than 281,000 sellers related to its gross sales platform. In all, greater than 15.5 billion have been offered, in digital and bodily commerce, in line with an organization assertion.
“As soon as once more, the good spotlight of the interval was {the marketplace}, a channel that’s the firm’s nice lever of progress and profitability”, says Frederico Trajano, CEO of Magalu. “What we see as the way forward for the enterprise is shortly taking form.”
Additionally in line with Magalu, between January and March, 21,000 new retailers have been captured and related to the platform. At present, all sellers collectively provide almost 100 million merchandise. Along with over 1,300 shops in 21 states throughout the nation, the Magalu group has six extra on-line manufacturers — Netshoes, Zattini, Shoestock, Época Cosméticos, Estante Digital and KaBuM!.
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