As of august 2020, Brazil's southeast region concentrated the majority of the retail technology (RetailTech) startups, with a share of 65.2 percent. The southern region followed, with 24.2 percent of the companies. The Brazilian southeast region encompasses the states of São Paulo, Rio de Janeiro, Espíritu Santo, and Minas Gerais.
As of that time, nearly 72 percent of the RetailTech startups in this South American country focused on B2B solutions.
Distribution of retail technology startups in Brazil as of August 2020, by region
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Distrito. (September 30, 2020). Distribution of retail technology startups in Brazil as of August 2020, by region [Graph]. In Statista. Retrieved December 03, 2024, from https://www.statista.com/statistics/1177144/retail-technology-startups-region-brazil/
Distrito. "Distribution of retail technology startups in Brazil as of August 2020, by region." Chart. September 30, 2020. Statista. Accessed December 03, 2024. https://www.statista.com/statistics/1177144/retail-technology-startups-region-brazil/
Distrito. (2020). Distribution of retail technology startups in Brazil as of August 2020, by region. Statista. Statista Inc.. Accessed: December 03, 2024. https://www.statista.com/statistics/1177144/retail-technology-startups-region-brazil/
Distrito. "Distribution of Retail Technology Startups in Brazil as of August 2020, by Region." Statista, Statista Inc., 30 Sep 2020, https://www.statista.com/statistics/1177144/retail-technology-startups-region-brazil/
Distrito, Distribution of retail technology startups in Brazil as of August 2020, by region Statista, https://www.statista.com/statistics/1177144/retail-technology-startups-region-brazil/ (last visited December 03, 2024)
Distribution of retail technology startups in Brazil as of August 2020, by region [Graph], Distrito, September 30, 2020. [Online]. Available: https://www.statista.com/statistics/1177144/retail-technology-startups-region-brazil/
