News

Traetelo partners DHL Express for ecommerce expansion in LATAM region

Wednesday 30 July 2014 14:08 CET | News

Traetelo.com, a cross-border ecommerce platform, has partnered DHL Express, a logistics company, to boost ecommerce in the LATAM region, evigo.com reports.

Via the partnership, Latin American customers can purchase US products on the Traetelo online platform. Moreover, customers will be offered next-day services and exports and Import Express for return shipments.

There will also be real-time tracking on shipments with DHL Proview and around the clock real-time invoice management.

Brazil has been the region’s most common ecommerce market but now sales have grown by 200% year-on-year in top markets of Chile, Venezuela and Peru.

Nearly 80% of Traetelo sales are US goods and it has already sold about USD 34 million (GBP 20 million) worth of merchandise online since 2010.

Federico Torres, Traetelo`s CEO, informs that the company’s services are mainly aimed at lower-income consumers in the Spanish-speaking Latin America who don’t have credit cards and first time internet buyers interested in US products.

In Latin America, 20% of the population have credit cards and 60% of customers prefer to use cash.


Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: Traetelo.com, DHL Express, logistics, cross border, ecommerce, online platform, online purchases, US, LATAM
Categories: Payments & Commerce
Companies:
Countries: World
This article is part of category

Payments & Commerce