Magazine Luiza: number of marketplace sellers 2017-2021
Since its launch in mid-2016, Magazine Luiza's marketplace has seen tremendous growth in the number of sellers using the platform. In 2021, the number of sellers on the Brazilian e-commerce site stood at around 160,000. That figure represents a 240 percent increase over the previous year when Magalu recorded approximately 47,000 sellers. In addition, in 2021, Magazine Luiza's