Assiduus Expands into South America, Tapping Booming Ecommerce Market

Assiduus, a renowned innovator and leader in multi-market ecommerce distribution, has announced its expansion into South America. With this move, Assiduus aims to capitalize on the region's booming ecommerce market, providing non-Latin American brands with the opportunity to reach millions of potential customers across the continent.

Despite being a rapidly growing market, South America remains under-penetrated by non-regional brands. Assiduus believes there is a substantial appetite for international brands, particularly those from the United States. Market data supports this outlook, suggesting that ecommerce sales in Latin America are expected to rise to $160 billion by 2025. Some forecasts are even more optimistic, predicting a surge to $200 billion by the end of 2025. This expansion represents not just a new market entry for Assiduus but also a unique opportunity for brands worldwide.

According to Somdutta Singh, Founder and CEO of Assiduus, this expansion is expected to be a game-changer for brands in the region and play a pivotal role in the company's growth trajectory. By establishing a presence in South America, Assiduus plans to expand its client offerings and solidify its position as the leading global ecommerce accelerator. "South America represents a vibrant landscape for ecommerce. We’re excited to empower brands and entrepreneurs with the opportunity to grow their business with Assiduus and deliver great value and a convenient shopping experience for customers across South America," Singh stated. "We’re providing our industry-leading expertise to brands, enabling them to navigate complexities like global logistics and fulfillment, access to buyer data and analytics, marketplace and inventory optimization across global platforms. This empowers brands to focus on what they do best – creating exceptional products for global audiences."

Assiduus also anticipates benefiting South American consumers by facilitating access to a wider variety of quality products. Their commitment to ensuring a smooth shopping experience aims to make it easier than ever for customers across the region to discover and purchase their desired brands.

Headquartered in Delaware, US, Assiduus covers markets in North America (US & Canada), Europe, the Middle East, Asia, and now South America. As a frontrunner in tech-powered cross-border ecommerce distribution, their full-stack middleware empowers brands to navigate the complexities of global distribution and supply chain management end-to-end via one platform.

Assiduus addresses five key entry barriers and challenges for consumer brands looking to enter, sell, and scale in a market: navigating product licensing and import regulations, data-led inventory forecasting and planning, multi-platform integration, distribution and supply chain, and access to data and analytics.

Since its inception in 2018, Assiduus has experienced significant growth, managing over $450 million in GMV. Recognized by Inc 5000 as a Top 600 company in 2021 and ranked No. 8 in Deloitte Fast 50 in 2022, Assiduus has partnered with leading Fortune 500 companies as a global ecommerce distribution and supply chain enabler, helping them optimize and scale their ecommerce business.

For more details, visit Assiduus' official website or view the source version on NewsDirect.