MercadoLibre and Shein Muscle In on Brazil's Fallen Retailers

The MercadoLibre app arranged on a smartphone in Sao Paulo, Brazil, on Monday, April 29, 2024. The retail shakeout has reached Brazil, where local players are starting to restructure and consolidate amid stiff competition from foreign giants like Amazon.com Inc., MercadoLibre Inc. and Shein Group Ltd. Photographer: Tuane Fernandes/Bloomberg via Getty Images
The MercadoLibre app arranged on a smartphone in Sao Paulo, Brazil, on Monday, April 29, 2024. The retail shakeout has reached Brazil, where local players are starting to restructure and consolidate amid stiff competition from foreign giants like Amazon.com Inc., MercadoLibre Inc. and Shein Group Ltd. Photographer: Tuane Fernandes/Bloomberg via Getty Images
MercadoLibre and Shein Muscle In on Brazil's Fallen Retailers
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Bloomberg / Contributor
Editorial #:
2150685007
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Bloomberg
Date created:
April 29, 2024
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Bloomberg
Object name:
BRAZIL RETAIL
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