Chile is the frontrunner when it comes to mobile commerce growth in Latin America. Between 2020 and 2024, revenues from mobile online purchases are forecast to grow by 200%. But the top 2 and 3 – Argentina and Mexico – are forecast to more than double their mCommerce sales as well within the said four years.
PayU’s most recent report looking at consumer spending globally found that Latin America is set to become the new global destination for emerging ecommerce leaders – fast growing online and omnichannel businesses looking to stand out from the crowd.
In the wake of Latin America‘s largest neobank, the platform expects to jump from 350,000 to 1 million customers served in the next 12 months and increase its revenue by 150% in 2022.
Salesforce has reversed course on its bid to acquire data management and integration platform Informatica a source has told Reuters. Informatica itself said that it is not in talks to be acquired. Salesforce stocks rose on this latest news while Informatica’s fell.