EBay is broadening its Puerto Rico network

The eBay auction and e-commerce company is betting on the Puerto Rican merchant, as Puerto Rico is one of Latin America’s three most important markets for the globally recognized company. Puerto Rico is the market that sells the most through the electronic platform after Brazil and Mexico, with a double-digit increase in 2018 and 2019, so eBay seeks to expand its local clientele while offering business help. That was negatively impacted by coronavirus ‘lockdown.’

“Puerto Rico, with such a small population – compared to other markets – is one of the markets that interests us most. They have good internet access, they are used to digital retail, they have good sellers who currently export, and they have access to UPS service. We want to increase our visibility and the Island is a great alidade for electronic commerce ”, confirmed Xavier Aguirre, senior manager of Business Development for eBay Latin America.
With this goal in mind, the company developed an acceleration program that will allow 100 Puerto Rican businesses to open an eBay store at no cost and with unique benefits to start exporting their products to different parts of the world, with an investment of $ 150,000.

“For the past 25 years, eBay has helped develop thousands of small businesses around the world and due to this unprecedented situation we created, My Business 24/7 on eBay, so that businesses in Puerto Rico can set up an online store with the necessary advice, reaching up to 174 million buyers in 190 markets. Our business is based on connecting buyers and sellers around the world to create economic opportunities, and that is exactly what we must do now more than ever, “said the executive.