Yahoo! FinanceHome - Yahoo! - Help

Business Wire

Click Here!
Click Here!

[ Business | US Market | By Industry | IPO | AP | S&P | International | PRNews | BizWire | CCN | CNW ]

Free Trial Offer
FREE Complaint Site
Related Quotes
delayed 20 mins - disclaimer
Tuesday September 5, 11:19 am Eastern Time

Press Release

Launch of redtienda

Finally an Internet Based eCommerce Software for Latin American Businesses

QUITO, Ecuador--(BUSINESS WIRE)--Sept. 5, 2000--Comercio Digital S.A., one of the most promising emerging eCommerce companies in Latin America, today introduced redtienda (, the hottest eCommerce software for businesses in Spanish-speaking Latin America.

``Finally, there is a product on the market that will allow everyone, even my grandmother, to easily and cheaply set up and run an eCommerce site,'' said Erik G. Olsson, President of Comercio Digital S.A.

redtienda allows merchants to create and manage their own Internet store. The software combines a comprehensive package of easy-to-use tools, an affordable price, and everything is in Spanish and/or English.

The software will be of tremendous value to entrepreneurs, business professionals and businesses of all sizes. redtienda can be used to conduct either business-to-consumer or business-to-business eCommerce in a local, national, or international environment.

Latin America, with more than 15 million Internet users, is ranked the fastest growing Internet market in the world. Growth projections estimate more than 65 million users by 2005. eCommerce is entering the market at the speed of light. Cultural differences, fear of fraud, mistrust of mail order companies and delivery problems have been big barriers for eCommerce in Latin America, but are now becoming less important. Latin American businesses and consumers are following the global Internet and eCommerce trends. Latin American online consumer purchases will explode from less than $200 million last year to $8.3 billion by 2005.

``We created redtienda to give the many small and medium sized companies in Latin America the opportunity to join the Internet gold rush in today's competitive business world. We know that there are many hungry Latin American businesses with much to offer, and they can create a great future using the Internet,'' said Mr. Olsson.

Comercio Digital S.A. is an Ecuadorian based eCommerce company whose mission is to provide high quality software products that are comprehensive and useful to emerging businesses. The company consists of an experienced team of professionals from telecom and Internet businesses around the world. More information about Comercio Digital S.A. and redtienda can be obtained by visiting the Web site

Note Editors: Downloadable high-resolution photos available on

     Press Contact:
     Comercio Digital S.A., Quito
     Erik G. Olsson
     Phone: (593-2) 548-970, (593-9) 938-070
     Fax: (593-2) 549-800

Email this story - View most popular stories emailed

Related News Categories: computers, internet, publishing, software, telecom


Copyright © 2000 Yahoo! All Rights Reserved. Privacy Policy - Terms of Service
Copyright 2000 Business Wire. All rights reserved. All the news releases provided by Business Wire are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving ina public database, redistributing via a computer network or in a printed form.
Questions or Comments?

Regresar a la página anterior

Abre una Tienda Online para Tu Negocio

Y Vende Tus Productos en Internet. Comienza Hoy!

Crea una Tienda

Fácil. Profesional. Gratis.