Sunday, September 24, 2023

LAP Marketplace seeks to democratize cross-border trade in Mexico

chile company integrated marketLAP announces its arrival in Mexico, a market in which, with ambitious objectives, it will seek Democratization of cross border trade For companies wanting to sell their products to other countries in the world.

Its arrival in Mexico kicks off a fifth market for the platform, along with Chile, Colombia, Ecuador and Peru, which Nicolas Leal, CEO and co-founder of LAP Marketplace, told T21 are looking for among their 4.9 million small and medium-sized businesses. find Mexico attractive. companies (SMEs), according to data from the National Institute of Statistics and Geography (Enegi), which is why it is shaping up to be one of the platform’s main markets.

“We see trends that cross-border electronic commerce will grow between 27 and 30% each year between now and 2030, so venturing into this business model is a necessity rather than an option. We realized that the Mexican market has a lot of potential in terms of production and manufacturing,” Leal said.

is currently 450 customers in Latin AmericaOf which about 70% are Chilean, 20% Colombian and 10% Ecuadorian, Peruvian and Mexican, however, for the latter market, where the Chilean company reached four months ago, the future looks promising.

“We want nine thousand customers and 70% of them are Mexican companies, we are talking about more than five thousand customers that we want to see in this country so that they are abroad, in the United States, Canada or different- Can sell separately. European countries, even South America.”

LAP Marketplace, which started its operations in 2017, focuses its business on a Platform on which users can trade its products in more than 20 markets Of the World.

In addition, the platform integrates logistics companies So that once the purchasing process is complete, “sellers can print their labels, stick them on the product, and the next day a logistics company picks it up to ship to the consumer.”

Nicolas Leal pointed out that one of his main partners in the service Cross-Border There’s FedEx, which is integrated into the platform, so sellers don’t have to do anything in terms of logistics, as the automated system allows the parcel company to make parcels Raise To deliver the products to the end consumer.

Nation World News Desk
Nation World News Desk
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