Welcome to our Tech Roundup, where we bring you the biggest stories in technology and innovation in Brazil and Latin America. This week: Leading Latin American e-commerce platform Nuvemshop (or Tiendanube in Spanish-speaking markets) now offers payment and logistic services.
Nuvemshop doubles down on payment and logistics verticals
Last year, Nuvemshop — or Tiendanube, as one of the leading platforms for creating and managing e-commerce businesses in Latin America is known in Spanish-speaking markets — created a division dedicated to serving larger customers (with revenues between BRL 100,000 and BRL 10 million [USD 20,000-2 million] per month).
- Growing at a double-digit rate since it was founded in 2010 in Argentina, the company is doubling down on the verticalization of specialized services to face a broader range of competitors.
State of play. This month, Nuvem Pago, the platform’s payment service launched in 2021, reached BRL 1 billion in transactions and gained a new feature: a payment link for WhatsApp and social media platforms, an increasingly important sales channel for online stores. Also this month, the company launched Nuvem Envio, its new logistics business unit.
- Through Nuvem Envio, online retailers can drop off all their packages at a single collection point or ask the platform to collect parcels directly from them and take...
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