Online selling platforms and marketplaces are playing a vital role in the rise of E-commerce industry in Paraguay.
According to source, E-commerce revenue in Paraguay reached more than $1.5 Billion by 2022 & which is expected to cross $2.6 Billion by 2025 with a growth rate of 19%.
The major reason behind the rise of eCommerce in Paraguay is the internet penetration rate that is reached 74%, which triggers the increase in online shopping.
Tiendamia, Atukasa, Electroban and Cellshop are the biggest eCommerce players in Paraguay by the year 2022.