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.

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

Next In Tech News

Germany's ruling party backs social media curbs for children
Turkey reviews six online platforms for children's data-processing practices
Dinner is being recorded, whether you know it or not
Mark Zuckerberg testifies in LA trial over claims social media makes kids addicted
These students in the US tricked teachers with phishing emails – for a good cause
Apple pushes emergency iPhone update after ‘extremely sophisticated’ spyware attack. Experts advise installing it immediately
OpenAI expects compute spend of around $600 billion through 2030, source says
Microsoft Gaming head Phil Spencer retires, insider Asha Sharma takes over
SEC probe involving AppLovin still active, Bloomberg News reports
OpenAI developing AI devices including smart speaker, The Information reports

Others Also Read