Latin America’s e-commerce industry is booming as millions of shoppers across the region venture online during the pandemic, many for the first time, forcing traditional businesses to adapt to survive.

The sector has been one of the big winners of the coronavirus outbreak as fears of infection and lockdown measures keep people at home.

“Covid-19 has been an accelerator of trends, and in electronic commerce it has been very powerful,” said Oscar Silva, an expert in global strategies with the consultancy firm KPMG in Mexico.

“More than 10 million Latin Americans who had never bought online now do so regularly,” he told AFP.

The dominant regional force is not Amazon or eBay but Mercado Libre, which has a similar business model and is present in 18 countries.

Despite the economic turmoil unleashed by the pandemic, the Argentinian company doubled its sales in the second quarter of this year thanks to

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As the COVID-19 pandemic continues to impact daily life, UCF College of Business students are taking advantage of the opportunity to engage with employers and student organizations from thousands of miles away. For international students such as Maria Pacheco, the pandemic opened the door to building virtual connections with peers and professionals who would have been inaccessible during a normal semester.

“Even being across the world in Ecuador, attending a virtual networking event was a great chance to learn something new,” Pacheco says. “After learning about all these virtual events, I found networking simple and advantageous. In the business world, it is extremely important to build connections and I was able to do just that.”

What started as a networking obstacle has become a new means to connect with students, employers and campus partners all over the world.

While career fairs and in-person interviews are no longer an option, faculty

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The Bureau of Internal Revenue (BIR) starting today will go after unregistered online businesses despite the challenges posed by the lack of physical addresses and possibly even financial documents to audit.

The BIR no longer exten­ded the Sept. 30 deadline for online-based enterprises to register as taxpayers, which had been prolonged by two more months from the original July 31 cutoff date as the taxman took into consideration the difficulty to visit their offices amid quarantine movement restrictions.

Internal Revenue Deputy Commissioner Arnel Guballa told the Inquirer that at least 7,262 web-based businesses already registered as of Wednesday morning.

With the deadline lapsed, Guballa said unregistered online businesses would now be slapped penalties similar to those imposed on tax-delinquent firms.

Guballa said the BIR was working on how revenue officers could rise above the challenges posed by the online nature of these businesses.

“How to monitor and apprehend [unregistered online

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Amesite’s artificial-intelligence backed software customized to facilitate workshops focused on leadership excellence and team building

DETROIT, Sept. 30, 2020 /PRNewswire/ — Amesite Inc., an artificial intelligence software company providing online learning ecosystems for business, higher education, and K-12, announced today it was partnering with Enriched Business Strategies LLC to bring EBS’s leadership development practice to an online platform.

“With so many people still working from home, we need to implement solutions to get them the training and consulting services they would be getting if they were still in the office. The recent U.S. Census Household Pulse Survey found that some metro areas still have really high work from home rates. Washington, D. C., for example, has 56% of the adult population teleworking,” said Amesite CEO and Founder Dr. Ann Marie Sastry. “Even as people start to return to office environments, it’s going to happen slowly, and

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Shop TODAY was paid by Amazon to write this article. However, Shop TODAY editors worked independently to select both the topic and the products featured, without input from Amazon. If you buy something through these links, Shop TODAY earns a commission on your purchases from our sponsor’s site.

With medical experts warning against crowded retail shops amid the global pandemic, people may be tempted to shop online. But, what if you want to support a small business that doesn’t have an e-commerce store?

With more and more small businesses opening online storefronts, it’s fairly easy to “shop small” from your own living room. Many of them actually turned to Amazon to continue selling merchandise.

The retailer hosts plenty of small business storefronts in one convenient landing page. Plus, Amazon is incentivizing Prime members to shop small during the next couple of weeks. Any Prime member who buys from select small

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If retailers want leases that reflect modern shopping habits, should they hand over a cut of online sales to their landlords?

Some property owners think this would be a fair trade off in the clamor for more flexible rent arrangements. So far, though, there is no good way to measure what landlords might be entitled to and tenants have few reasons to play ball.


From global fashion players like Zara and H&M to mom-and-pop stores, most retailers are demanding better terms from landlords as the Covid-19 pandemic slows sales, particularly offline. In the U.K., shop owners received only two-thirds of the quarterly rent they were owed in the three months to Sept. 22, according to data by Remit Consulting. More tenants

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Innovative marketing strategies are helping companies evolve and scale.

Free Book Preview Ultimate Guide to Social Media Marketing

This book takes readers through a 360-degree perspective of social media marketing in businesses.

5 min read

Opinions expressed by Entrepreneur contributors are their own.

A​ successful business is always built from the ground up, and the most promising ventures are the ones that innovate. Innovation can define our goals and craft our strategies in ways that allow us to grow and thrive even in the most chaotic of times. It’s exciting to realize our potential beyond what we’ve settled into as the status quo.

When it comes to ecommerce, building an online business is one thing, but conquering your industry is another. However, trends indicate that adopting these three promising strategies will help you meet and surpass those goals. 

1​. Get your marketing strategy right

With the immense

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BANGKOK, Sept. 30, 2020 /PRNewswire/ — Subcon Thailand 2020, ASEAN’s largest international industrial subcontracting trade show, held last week in Bangkok under a new “hybrid” virtual-physical format, proved a success with local and foreign exhibitors, and buyers, who participated in 1,277 business matching sessions worth at least 3.89 billion baht (USD123 million) in expected business value, according to data gathered by the Thailand Board of Investment (BOI).

Thailand Board of Investment’s senior executives Mr. Chanin Khaochan (standing third from the right) and Ms. Sonklin Ploymee (second from the right) and members of the Thai Subcontracting Promotion Association met with exhibitors and international buyers last week at SUBCON THAILAND 2020, ASEAN’s largest industrial subcontracting and business matching event at BITEC Bangna, Bangkok.
Thailand Board of Investment’s senior executives Mr. Chanin Khaochan (standing third from the right) and Ms. Sonklin Ploymee (second from the right) and members of the Thai Subcontracting Promotion Association met with exhibitors and international buyers last week at SUBCON THAILAND 2020, ASEAN’s largest industrial subcontracting and business matching event at BITEC Bangna, Bangkok.

Subcon 2020 was held from September 23 to 26 at Bitec Bangkok after being delayed from its initial May schedule as Thailand implemented a strict lock-down

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Sarah Friar will be joining our flagship online event, TNW2020, to talk about how the power of kindness can work as a foundation for business. Secure your free ticket here and join us October 1 & 2.

The world of business is often denoted as cut-throat, competitive, and ruthless. And while this may of course be true, there’s also room for kindness — that’s at least what Sarah Friar, the CEO of Nextdoor, believes.

A seasoned CEO — she was previously at Square and Salesforce — Friar is a great believer that profit and kindness aren’t mutually exclusive. In fact, she’s known for offering actionable insights on how monetization can be driven by responsibility and purpose.

Nextdoor is a hyperlocal social networking service for neighborhoods that seeks to bring people and local businesses together.

It monetizes by offering brands, local businesses, and public authorities and governments the opportunity

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“These resources, coupled with hands-on support from Small Business Specialists, will help tackle barriers to economic recovery and expand opportunities for small and minority-owned businesses across the five boroughs,” said Maria Gotsch, President and CEO of the Partnership Fund, of the Partnership for New York City.

The collaboration comes just weeks after the Partnership for New York City publicly called out Mayor Bill de Blasio for not doing enough to address small businesses’ top reopening concerns. Now the Partnership is working with the mayor’s administration, albeit on the concerns of small rather than large business. Widely seen as harder hit than their larger peers, small businesses accounted for 39% of job losses according to an August report from city Comptroller Scott Stringer. 

“The small business community has been shaken by the Covid-19 pandemic and this is our latest commitment to ensure that small businesses get the resources they need by

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