Ebanx, AliExpress to open bricks-and-mortar shop in Brazil

Brazilian payments company Ebanx and online retailer AliExpress, owned by Chinese e-commerce company Alibaba Group Holdings Ltd, have announced that they will open their first bricks-and-mortar shop in Brazil.

The companies jointly issued a written statement saying the shop will be in one of the largest shopping malls in the city of Curitiba, in the southern Brazilian state of Paraná.

They say a 32-metre long wall will display actual examples of the merchandise it sells or electronic representations of them.

Their statement quotes AliExpress regional director, Kang Huang, as saying:

“AliExpress is one of the most popular e-commerce platforms in Brazil and have always explored ways to boost the integration of digital and physical environments.”

It says Ebanx processed about 35 million payments for purchases from Chinese merchants last year, and that the average value of each such payment by Brazilians so far this year is 100 reais (about US$24.60).

About 150 Chinese companies that sell their merchandise in Latin America receive payments processed by Ebanx, the statement quotes Ebanx partner and marketing director André Boaventura, as saying.