Sales volume of Nuvemshop online stores Brazil 2020

In 2020, the sales volume of online stores participating in the e-commerce platform Nuvemshop in Brazil amounted to about 1.3 billion Brazilian reals. This is 185 percent more than the 457.55 million Brazilian-real sales volume recorded a year earlier. Similarly, in 2020, Nuvemshop stores registered a number of orders over 200 percent higher than that observed in the previous year.

Sales volume of online stores on the e-commerce platform Nuvemshop in Brazil in 2019 and 2020 (in million Brazilian reals)

Characteristic	Sales volume in million Brazilian reals
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Release date

January 2021

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Region

Brazil

Survey time period

2019 and 2020

Supplementary notes

* The Statista estimate is based on values in 2020 and the compound annual growth rate from 2019 to 2020 of 185%, which were provided by the source. An exponential development of the market was assumed.

Nuvemshop, originally Tiendanube in Spanish, states that it has over 80,000 active online stores. Originally from Argentina, the platform started to operate in Brazil in 2012.

Numbers have been rounded.

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