EBay’s StoreON Deal Helps Latin Americans Export to the United States
eBay is helping Latin Americans sell on its platform through a partnership with StoreON, described as an e-commerce service hub in Latin America with operations that allow businesses in Colombia, Peru and Mexico to “stand by. position in the main Latin American markets to manufacture their products and services known locally and regionally.
StoreON CEO Bernardo Vanegas said the deal would allow more than 2 million Latin American businesses to export worldwide, especially to the United States, “generating excellent returns for sellers. “.
EBay’s Managing Director of Global Emerging Markets, Ilya Kretov, referred to the company’s 187 million global buyer base in the StoreON announcement.
StoreON said new sellers would not have to worry about English language skills, international logistics operator, foreign currency handling or product nationalization, although he did not provide details. , such as the company – StoreON or eBay – that would take care of the listing. and the process of execution on behalf of the vendors, or details of the financial arrangement between the two companies.
Last year, the number of Latin American sellers on eBay increased by more than 35% compared to 2019, according to Thursday’s announcement.