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B2W

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B2W Companhia Digital
Company typeSociedade Anônima
B3BTOW3
IndustryOnline retailer
Founded2006
HeadquartersRio de Janeiro, Brazil
Key people
Anna Christina Ramos Saicali, (Chairwoman & CEO)
RevenueIncrease US$ 2.5 billion (2013) [1]
Decrease - US$ 67.5 million (2013) [2]
Number of employees
2,376
ParentLojas Americanas
Websitewww.b2winc.com.br


B2W is the largest online retail business in Latin America, as a result of the merger between Americanas.com and Submarino.com. Lojas Americanas are the controlling shareholder, with 53.25% of the new company, while Submarino.com controls 46.75%. The new company had a market share of about 50% of the online sales industry in Brazil at the time of the merger, and they have plans to expand through multiple distribution channels, aiming to compete with larger companies in traditional retail.

In Brazil B2W has many competitors. Among them, Nova Pontocom is the biggest one.

B2W operates through the websites Submarino.com, Americanas.com, Shoptime and Ingresso.com. The company has operations in Brazil, Argentina, Chile and Mexico and has plans for India, Uruguai, China and USA.

References

  1. ^ [1] B2W's revenue was of BRL4.0/USD2.3 Billion in 2010 ended fiscal year
  2. ^ [2] The net income of B2W downs 45.8% in 2010 for BRL33.6/20.1 Million in 2010