Magazine Luiza: e-commerce sales 2016-2023, by type
In 2023, Magazine Luiza's e-commerce sales amounted to approximately 45.6 billion Brazilian reals, of which 60 percent (27.6 billion reals) were generated from first-party sales. Magalu's marketplace sales have consistently increased too, 18 billion reals in 2023. Magazine Luiza was founded in 1957 in Franca, Brazil.