Magazine Luiza launches its products on Shopee’s Brazilian e-commerce platform, expanding its online sales channels. The retailer integrates its inventory directly with Shopee, enabling customers to access its offerings through the Southeast Asian marketplace’s local operations. Both companies announced the partnership in a joint statement.
Magazine Luiza partners with Mercado Livre to broaden e-commerce presence in Brazil. The collaboration aims to leverage combined strengths in retail and digital marketplaces. Both companies seek to enhance customer access and operational efficiency through the alliance.
Magazine Luiza emphasizes profitability in its Q2 2026 earnings presentation, signaling a strategic shift toward financial discipline amid a growth reset. The company highlights operational adjustments to sustain margins while navigating market conditions. Key slides focus on cost management and revenue stabilization without specifying numerical targets.
Magazine Luiza reports a **37% year-over-year profit increase** in Q4 2024, reaching **R$139 million ($23.2 million)** in adjusted net income. The Brazilian retailer extends its streak to **five consecutive profitable quarters**, signaling sustained financial growth. The results reflect strong performance amid ongoing market adjustments.
