Alex de Carvalho


LeWeb11: Fernando Madeira, Co-Founder, Terra

by Alex. Average Reading Time: less than a minute.

Fer­nando Madeira, Co-Founder & CEO, Terra Latin America

The Latin Amer­i­can pop­u­la­tion online is redefin­ing the use of the Inter­net and next Twit­ter or Google will likely be born in Latin America.

The stats speak for them­selves: 30 mil­lion peo­ple have escaped from poverty in the last seven years, and 15 mil­lion more by 2014. This means con­sump­tion has been increas­ing, includ­ing the pur­chase of com­put­ers and mobile devices. There are now 90 mil­lion borad­band con­nec­tions. 96%of dig­i­tal pop­u­la­tion now access the inter­net daily, and 86% more than once. The aver­age usage is 41 hours monthly.

The four impor­tant trends in Latin Amer­ica are:

  • social: The pen­e­tra­tion of social net­works is 86% in Latin Amer­ica, and more than 90% in Brazil.
  • live: Peo­ple want to know what is going on, right now
  • video: 96% of dig­i­tally con­n­tected watch videos online ver­sus 87% offline (DVDs). 31% watch TV series online vs 27% who just watch TV.
  • music: Music has always been big in Latin America

The rest of the pre­sen­ta­tion was about Terra’s ser­vices, includ­ing upcom­ing stream­ing of Olympics and World Cup.

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  • http://tomordonez.com Tom Ordonez

    It would be inter­est­ing to know what type of star­tups are pop­ping up in Brazil and what type of prob­lems are star­tups try­ing to solve in Latin America. 

    Also what type of web or mobiles apps are com­ing up with the Olympics and World Cup. Is there a chance for non-Brazilians to enter that mar­ket? Or does it have many socio-cultural chal­lenges that fos­ter inno­va­tion only inside the country?

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  • http://alexdc.org Alex de Carvalho

    Great ques­tions, Tom. There are socio-cultural speci­fi­ties that favor locally devel­oped apps.
    But many users of Olympic and World Cup apps will be tourists and those
    out­side Brazil, so cer­tainly there’s a lot of oppor­tu­nity there.

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