Buy now, pay later: Latin America pressured by Chinese online shops

Buy now, pay later: Latin America pressured by Chinese online shops …C0NTINUE READING HERE >>>

According to data platform Statista, Latin Americans spent some $122 billion on online purchases in 2022, a figure expected to rise to $200 billion by 2026.
Photo: Nicolas TUCAT / AFP
Source: AFP

Isidora Olave opens a package containing a T-shirt, a skirt and a handful of glitter stickers shipped to her front door in Santiago, Chile, all the way from China almost 20,000 kilometers (11,800 miles) away.

Like many of her peers, the 20-year-old dentistry student says she no longer has use…

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