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eBay Deal with StoreON Helps Latin Americans Export to US

eBay
eBay Deal with StoreON Helps Latin Americans export to US

eBay is helping Latin Americans sell on its platform through a partnership with StoreON, described as a Latin American ecommerce services hub with operations that allows businesses in Colombia, Peru and Mexico “to position themselves in the main marketplaces in Latin America to make their products and services known locally and regionally.”

StoreON CEO Bernardo Vanegas said the deal would allow over 2 million Latin American companies to export worldwide, especially to the US, “yielding great returns for sellers.”

eBay General Manager of Global Emerging Markets Ilya Kretov referenced the company’s global buyer base of 187 million in StoreON’s announcement.

StoreON said new sellers would not have to worry about English language skills, the international logistics operator, the handling of foreign currencies or the nationalization of products, although it did not provide details, such as which company – StoreON or eBay – would handle the listing and fulfillment process on behalf of the sellers, or details about the financial arrangement between the two companies.

Last year, the number of Latin American sellers on eBay grew by over 35% compared to 2019, according to Thursday’s announcement.

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Ina Steiner
Ina Steiner
Ina Steiner is co-founder and Editor of EcommerceBytes and has been reporting on ecommerce since 1999. She's a widely cited authority on marketplace selling and is author of "Turn eBay Data Into Dollars" (McGraw-Hill 2006). Her blog was featured in the book, "Blogging Heroes" (Wiley 2008). Follow her on Twitter at @ecommercebytes and send news tips to ina@ecommercebytes.com.

2 thoughts on “eBay Deal with StoreON Helps Latin Americans Export to US”

  1. Notice how the number of sellers grew 35%??? How much did sales grow? Americans are not buying items from Latin America that they can buy in the US. Why does ebay waste it’s time, put a ton of resources into a project like this that gets little return? I guess its ok, they will just find a way to raise our rates by .01% to pay for it.

    My nephew is 28 years old, and doesnt know how to change a car tire……these are the people running ebay, same as my nephew.

  2. And this helps US sellers how?

    “eBay is helping Eskimos sell on its platform through a partnership with IceON, described as an Eskimo ecommerce services hub “. ……… I guess

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