As of August 2020, with 45.8 percent of the retail technology (RetailTech) startups, São Paulo was the main retail innovation hub in Brazil. The state of Minas Gerais and Paraná followed, with 10.1 percent and 8.4 percent of the startups, respectively.
Present-wise, Brazil's southeast region, which includes the states of São Paulo, Rio de Janeiro, Espíritu Santo, and Minas Gerais concentrates the majority of the RetailTech startups, with a share of 65.2 percent.
Distribution of retail technology startups in Brazil as of August 2020, by state
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Distrito. (September 30, 2020). Distribution of retail technology startups in Brazil as of August 2020, by state [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1177152/retail-technology-startups-by-state-brazil/
Distrito. "Distribution of retail technology startups in Brazil as of August 2020, by state." Chart. September 30, 2020. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1177152/retail-technology-startups-by-state-brazil/
Distrito. (2020). Distribution of retail technology startups in Brazil as of August 2020, by state. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1177152/retail-technology-startups-by-state-brazil/
Distrito. "Distribution of Retail Technology Startups in Brazil as of August 2020, by State." Statista, Statista Inc., 30 Sep 2020, https://www.statista.com/statistics/1177152/retail-technology-startups-by-state-brazil/
Distrito, Distribution of retail technology startups in Brazil as of August 2020, by state Statista, https://www.statista.com/statistics/1177152/retail-technology-startups-by-state-brazil/ (last visited July 22, 2024)
Distribution of retail technology startups in Brazil as of August 2020, by state [Graph], Distrito, September 30, 2020. [Online]. Available: https://www.statista.com/statistics/1177152/retail-technology-startups-by-state-brazil/