Brazilian retailer Magazine Luiza’s stock price has increased 100-fold by transforming from a brick-and-mortar seller into a tech-forward e-commerce trailblazer. John and Glen speak with Simon Olson, Magalu’s Director of Business Development, about his company’s journey, the culture and importance of its Luizalabs development shop, and its participation in the Hedera Council.
Links related to this episode:
A brief history of Magazine Luiza:
https://en.wikipedia.org/wiki/Magazine_Luiza
Fast Company’s take on Magazine Luiza (2019 Most Innovative Companies):
https://www.fastcompany.com/company/magazine-luiza
The Luizalabs developer blog:
https://medium.com/luizalabs
The Hedera network:
https://www.hedera.com/
Contact Simon Olson at Magazine Luiza:
ir@magazineluiza.com.br
Follow the Best Innovation Group on Twitter: @BIGFintech
Follow John on Twitter @JBFintech
Follow Glen on Twitter @154advisors