Business · Companies · 4 hrs ago

Mercado Livre and iFood add partner pharmacies to their marketplaces

Mercado Livre and iFood add partner pharmacies to their marketplaces

Mercado Livre and iFood have begun adding partner pharmacies to their marketplaces in Brazil.

Online sales now make up about 15% of Brazil’s pharmacy retail, twice their share two years ago.

The platforms can bring pharmacies more customers, but also make prices easier to compare and may give the platforms more influence over access to shoppers.

After the announcement, shares in Pague Menos, RD Saúde and Panvel fell by 8%, 5.4% and 4.9%, respectively.

Abrafarma took the issue to Anvisa, which has begun work on rules for pharmacies that use digital platforms.

In September, Anvisa asked Mercado Livre for information about its sale of prescription medicines, including licences, prescription checks and delivery conditions.

The rules could shape how pharmacies use these platforms, as the marketplace companies seek to expand and pharmacies weigh a new sales channel against greater dependence on them.

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