BIGC - BigCommerce and Mercado Libre collaborates for cross-border ecommerce growth

BigCommerce (BIGC) +3% premarket, announced a partnership with Mercado Libre (MELI) for enhancing cross-border ecommerce.Through this collboaration, BigCommerce merchants will sell across Latin America to nearly 133M unique consumers on Mercado Libre’s Marketplace.This marks Mercado Libre’s first partnership with a major North American ecommerce platform. Jose Luis Hervás Fernández, director of Cross Border Trade for Mercado Libre LATAM said, “As ecommerce continues to expand in Latin America, choosing BigCommerce as our first major platform partner is important for our long-term strategy and gives storeowners access to this fast-growing market.”“Between shipping challenges, currency conversion and language barriers, cross-border ecommerce can be incredibly challenging for retailers to navigate, especially small and mid-sized merchants, to capitalize on,” said Russell Klein, chief commercial officer at BigCommerce. “Latin America represents a huge untapped market for U.S. merchants and BigCommerce’s partnership with Mercado Libre removes these barriers, opening the door to an expansive opportunity for them to reach millions of consumers to sell to.”

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BigCommerce and Mercado Libre collaborates for cross-border ecommerce growth