Online selling platforms and marketplaces are playing a vital role in the rise of E-commerce industry in Ecuador.
According to source, E-commerce revenue in Ecuador reached more than $3.4 Billion by 2022 & which is expected to cross $7.2 Billion by 2025 with a growth rate of 15%.
The major reason behind the rise of eCommerce in Ecuador is the internet penetration rate that is reached 76%, which triggers the increase in online shopping.
De prati, Tiendamia and Desertcart are the biggest eCommerce players in Ecuador by the year 2022.