Algodon fine wines targets brazil e-commerce expansion as world's 3rd largest market for online wine sales

Boutique argentina winery continues roll out of its portfolio of award-winning malbec wines to global markets miami, fl / accesswire / october 31, 2022 / gaucho group holdings, inc. (nasdaq:vino), a company that includes a growing collection of e-commerce platforms with a concentration on fine wines, luxury real estate, and leather goods & accessories (the "company"), today announced algodon fine wines' initiative to develop a direct-to-consumer e-commerce platform for the brazilian market, giving brazilian wine lovers access to algodon's portfolio of award-winning malbec wines. as the largest economy in latin america, with an estimated population of over 210 million inhabitants, over 150 million are of legal drinking age, and around 39 million consumers in brazil drank wine at least once per month, according to statista.
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