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


Olave receives her order from fast fashion ecommerce company Shein in Santiago on Nov 12, 2024. Ultra-cheap Chinese online shops are causing concern in Latin America because of the unfair competition they pose to traditional commerce. — AFP

SANTIAGO: 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 for malls.

Uh-oh! Daily quota reached.


Experience an ad-free unlimited reading on both web and app.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Tech News

Major new features expected on the next-generation Apple Watch
Meta releases AI model to enhance Metaverse experience
Google unveils latest AI model, Gemini 2.0
Canada proposed $15 billion incentive to boost AI green data centre investment, Globe and Mail reports
Factbox-How Trump's new FTC chair views AI, Big Tech
Texas probes tech platforms over safety and privacy of minors
Broadcom forecasts Q1 revenue above estimates on strong AI chip demand
Clever puzzles, creative solutions: The keys (and doors) of good puzzle design
Apple nears switch to in-house Bluetooth and Wi-Fi chip for iPhone, smart home, Bloomberg reports
Intel executives say a manufacturing spinoff is possible

Others Also Read