Quarterly GMV of Infracommerce 2020-2023
Infracommerce is a public e-commerce hosting provider operating in Brazil and other Latin American countries. Quarterly figures showed that the company reached an outstanding gross merchandise volume (GMV) of 4.3 billion Brazilian reals in the second quarter of 2023. This is the highest result since the first quarter of 2020, when the gross merchandise volume sold on Infracommerce sites did not go over 971.6 million Brazilian reals. As of the third quarter 2023, the gross merchandise volume declined to 3.8 billion Brazilian reals.