Amazon, Estafeta: Examples of E-Commerce’s Rise

Amazon recently announced it would open a new distribution center in the State of Mexico, after mentioning in December it would open a new logistics center in Yucatan, showcasing the increasing demand for e-commerce solutions. Another company that has been reaping the benefits from e-commerce is Estafeta, which mentions that this channel has become its primary business vertical. 

In a previous MBN article, it was mentioned that the pandemic forced many companies to develop online shopping platforms as a way to maintain their business afloat. However, other companies saw their operations catapult as a result of increasing demand. Such is the case of Amazon, which has been investing in the expansion of its logistics and operations in Mexico. As mentioned by MBN, the company invested in a new logistics center in Yucatan that was not only developed thinking of the opportunities it would bring to the company but also the potential of the area where it was being settled. Now, the company announced a new distribution center in the State of Mexico, reaffirming its commitment to Mexico, according to a Forbes article. 

“It is an honor to be able to generate more job opportunities to benefit the central region of the country and continue improving our service, offering clients a wider selection and fast deliveries,” said Diego Méndez de la Luz, Director of Amazon Operations in Mexico, during the announcement.

Demand for e-commerce logistics has also created an opportunity in the retail sector with companies requiring bigger storage spaces. Yadira Torres-Romero, Research Director of Markets at CBRE Mexico, mentioned the company is actually hoping these buying tendencies would continue in 2021, reported MBN.

Estafeta is another e-commerce winner. El Economista mentioned the company expanded its workforce from 7,000 to 11,000 collaborators, while also growing its investment in operations from MX$664 million (US$32.5 million) to MX$830 million (US$40.7 million), resulting in new hirings and a sixth plane to meet growing demand. “Following the pandemic, we advanced at least two years in terms of growth in the e-commerce segment. It must be said that Mexico was a latecomer compared to other countries in the region, such as Brazil,” Jesús García, Director of Operations of Estafeta, stated in an El Economista article.