Latest news with #freeShipping
CNA
5 days ago
- Business
- CNA
MercadoLibre expands free shipping in top market Brazil amid rising competition
SAO PAULO :Latin American e-commerce giant MercadoLibre is expanding free shipping in its main market Brazil, it said on Friday, a move expected to be costly but which the company hopes will drive sales higher amid fierce competition. MercadoLibre, Latin's America most valuable company by market cap, earns more than 50 per cent of its e-commerce revenues in Brazil, where it competes with Amazon and Sea's Shopee, and more recently with players like Temu. MercadoLibre said sales of 19 reais ($3.40) or more are now exempt from shipping fees in Brazil, from a minimum of 79 reais ($14.15) previously. "Practically the entire site will have free shipping from now on," the head of MercadoLibre's e-commerce operations in Brazil, Fernando Yunes, told journalists. He said the financial impact will be absorbed by the company, although he did not give an estimate on the scale of the costs of the expanded free shipping. MercadoLibre confirmed it has been cutting shipping costs for the companies and people selling on its platform in Brazil by up to 40 per cent since late May, a move that had been noted by analysts. "The increased shipping discount targets a price range of products close to where Shopee seems to be gaining traction," analysts at Itau BBA said in a May 22 report to clients.
Reuters
5 days ago
- Business
- Reuters
MercadoLibre expands free shipping in top market Brazil amid rising competition
SAO PAULO, June 6 (Reuters) - Latin American e-commerce giant MercadoLibre (MELI.O), opens new tab is expanding free shipping in its main market Brazil, it said on Friday, a move expected to be costly but which the company hopes will drive sales higher amid fierce competition. MercadoLibre, Latin's America most valuable company by market cap, earns more than 50% of its e-commerce revenues in Brazil, where it competes with Amazon (AMZN.O), opens new tab and Sea's (SE.N), opens new tab Shopee, and more recently with players like Temu. MercadoLibre said sales of 19 reais ($3.40) or more are now exempt from shipping fees in Brazil, from a minimum of 79 reais ($14.15) previously. "Practically the entire site will have free shipping from now on," the head of MercadoLibre's e-commerce operations in Brazil, Fernando Yunes, told journalists. He said the financial impact will be absorbed by the company, although he did not give an estimate on the scale of the costs of the expanded free shipping. MercadoLibre confirmed it has been cutting shipping costs for the companies and people selling on its platform in Brazil by up to 40% since late May, a move that had been noted by analysts. "The increased shipping discount targets a price range of products close to where Shopee seems to be gaining traction," analysts at Itau BBA said in a May 22 report to clients. ($1 = 5.5845 reais)
Fox News
03-06-2025
- Business
- Fox News
Stanley launches its summer collection, Messa Rose, featuring 3 new shades
Stanley is preparing for summer with its new Messa Rose collection. Inspired by the vibrant colors you see all summer, you can choose from a polished rose gold tumbler, a blue corn paisley and a conch floral paisley. A variety of products come in these new colors, including the classic Quenchers, IceFlow water bottles, wine tumblers, can coolers and flasks. Stanley Club members receive free shipping on all US orders now through June 12. You can join the club for free and start earning points that you can apply to future purchases. Customers who aren't club members can still get free shipping on orders of $75 or more. Stanley's classic Quencher now comes in a blue corn paisley that gives wild West vibes. The 40-ounce cup will keep you hydrated, and your drinks will stay cold for hours. The comfort grip handle makes the cup easy to hold, even when it's completely full. It's also dishwasher-safe and comes with a reusable straw. A Quencher ProTour tumbler comes with a flip straw instead of the usual reusable straw. The flip straw makes it easier to store your Stanley and sip from it only when you need to. Part of the Messa Rose collection, you can now get the cup in rose gold or blue corn. Choose the IceFlow bottle when you want a more classic water bottle design. It's a stainless-steel bottle with a flip straw and an easy-carry handle. Hydrate faster with the wider drink opening on the new spout. The bottle comes in the same rose gold that makes up part of the Messa Rose collection. Keep your canned drinks colder for longer and avoid can sweat when you use an Everyday Slim Can Cooler Cup. It comes in blue corn paisley or a conch floral pattern. You can slip thin cans into the cooler, and they'll stay cold for hours. The cup doubles as a small tumbler when you put on the included lid and use the reusable straw. Wine lovers can get Stanley's Reserve Wine Tumbler in a gorgeous polished rose gold. Complete with a splash-proof lid and a silicone base, you never have to worry about spilling your drinks. The stainless-steel the tumbler is made from helps keeps drinks insulated, so if you're drinking cold white wine, it stays that way for hours. Pack your lunch or leftovers in Stanley's Adventure Fresh-To-Table Food Bowl and ensure it stays safe and delicious no matter where you're going. The bowl has the same insulation all of Stanley's cups come with, so your food will stay cold or hot longer. The clip-on lid makes it leakproof, and when you're done using the bowl, just throw it in the dishwasher. For more deals, visit No matter what you're drinking, Stanley's Adventure Pre-Party Flask will keep it safe and discreet. The small flask packs a punch thanks to the leakproof design and insulated inside layer. The flask comes in conch floral, giving you the cowboy vibe you're looking for this summer.
