In 2023, Magazine Luiza – also known as Magalu, a retail chain headquartered in Franca, Brazil – generated an estimated 111 million U.S. dollars in digital retail media advertising revenue, up from little more than 94 million dollars a year earlier. That represents an annual increase of 16 percent. Mercado Libre, Amazon.com.br, Magalu, and Amazon.com.mx were among Latin America's leading e-commerce platforms by digital retail media ad revenue in 2023.
Digital retail media advertising revenue of Magazine Luiza in Latin America in 2022 and 2023
(in millions U.S. dollars)
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Statista. (January 19, 2024). Digital retail media advertising revenue of Magazine Luiza in Latin America in 2022 and 2023 (in millions U.S. dollars) [Graph]. In Statista. Retrieved December 07, 2024, from https://www.statista.com/statistics/1447568/digital-retail-media-magazine-luiza/
Statista. "Digital retail media advertising revenue of Magazine Luiza in Latin America in 2022 and 2023 (in millions U.S. dollars)." Chart. January 19, 2024. Statista. Accessed December 07, 2024. https://www.statista.com/statistics/1447568/digital-retail-media-magazine-luiza/
Statista. (2024). Digital retail media advertising revenue of Magazine Luiza in Latin America in 2022 and 2023 (in millions U.S. dollars). Statista. Statista Inc.. Accessed: December 07, 2024. https://www.statista.com/statistics/1447568/digital-retail-media-magazine-luiza/
Statista. "Digital Retail Media Advertising Revenue of Magazine Luiza in Latin America in 2022 and 2023 (in Millions U.S. Dollars)." Statista, Statista Inc., 19 Jan 2024, https://www.statista.com/statistics/1447568/digital-retail-media-magazine-luiza/
Statista, Digital retail media advertising revenue of Magazine Luiza in Latin America in 2022 and 2023 (in millions U.S. dollars) Statista, https://www.statista.com/statistics/1447568/digital-retail-media-magazine-luiza/ (last visited December 07, 2024)
Digital retail media advertising revenue of Magazine Luiza in Latin America in 2022 and 2023 (in millions U.S. dollars) [Graph], Statista, January 19, 2024. [Online]. Available: https://www.statista.com/statistics/1447568/digital-retail-media-magazine-luiza/