The Financial Espresso "Amazon updates in Bz; B3's Regime Facil; Capital..."

Research evidence excerpt

The Financial Espresso "Amazon updates in Bz; B3's Regime Facil; Capital..."

Global Research

21 May 2026ab

The Financial Espresso Equities

Latin AmericaAmazon updates in Bz; B3's Regime Facil;

Capital markets offerings; Argentina reserves Financial

Kaio Prato

Analyst

kaio.prato@ubs.com

Amazon to shift deliveries to sellers and extends timing of FBA benefits +55-11-3513 6573

According to Valor, Amazon plans to launch a delivery model in Brazil where Thiago Batista, CFA

shopkeepers take on a larger role in delivering products, rather than relying entirely Analyst

on Amazon’s centralized logistics. This delivery model should be available as of thiago.batista@ubs.com

September. According to management, the agreements will be customized, but the +55-11-3513 6518

idea is that store owners will make deliveries of up to 1-2 km for the company. Camila Azevedo

Additionally, Amazon announced the extension of benefits for its FBA program in Associate Analyst

Brazil (see here for more details on the launch); see below for details and main camila.azevedo@ubs.com

changes: +55-11-2767 6881

Benefits would end on July 31st but were extended from August 1st to January Bruno Kenji

31st Associate Analyst

bruno.kenji@ubs.com

Storage and collection will remain free to the seller +55-11-2767 6056

Olavo Arthuzo For active sellers on the platform, total fee exemptions for all products over

R$79 (vs. R$100 before) or a fixed fee of R$6 (vs. R$5 before) for lower ticket

olavo.arthuzo@ubs.com

items. +55-11-2767 6306

Our take: Another sign of intense competitive pressure for MELI and the overall Beatriz Shinye

ecommerce business in Brazil. We recently discussed the investment cycle of MELI Associate Analyst

and its impacts on margins (here).