VTEX Announces expansion to 50 countries by 2022

The VTEX, Latin American multinational cloud commerce, announces the expansion of its operations to at least 50 countries by 2022. Currently, the company is present in 20 countries, with offices in Argentina, Chile, Colombia, England, Germany and United States. The company says it already has opened negotiations in the Americas, England, Spain and the Balkans. With that entry into new markets, the expectation is Bill R $130 million by the end of the year. "The demand for our services is global, so we are conducting a structured expansion of operations," says Rafa Strong, country manager of VTEX. Today the VTEX manages over 2000 stores transacting a total turnover estimated at another $ $2 billion. The platform is used by brands such as Sony, Whirlpool, C&A, Walmart and Coca Cola.