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jlevinsohn

Brazil's Start-Up Baby Boom - NYTimes.com - 2 views

  • According to e-bit, a Brazilian consulting firm, Brazilians spent $10.1 billion last year online, a 26 percent nominal increase from the year before, and are expected to spend $12.6 billion in 2012. The data also shows the impact of growing competition. In the last three months of 2011, Brazil’s top 50 online stores lost market share compared with the same period in 2010.
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