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The official Portuguese name of the land, in original Portuguese records, was the "Land of the Holy Cross" (Terra da Santa Cruz), [39] but European sailors and merchants commonly called it the "Land of Brazil" (Terra do Brasil) because of the brazilwood trade. [40] The popular appellation eclipsed and eventually supplanted the official ...
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R$ 56 billion (2021) [1] Net income. R$ 590.7 million (2021) [1] Website. Official website. Magazine Luiza S.A., also known as Magazine Luiza, or simply as Magalu, is a Brazilian retail company, along with GPA, Viavarejo, Lojas Americanas and others. The current chairperson is Luiza Trajano and the current CEO is her son Frederico Trajano .
Alibaba Group Holding Limited, branded as Alibaba, is a Chinese multinational technology company specializing in e-commerce, retail, Internet, and technology.Founded on 28 June 1999 [1] in Hangzhou, Zhejiang, the company provides consumer-to-consumer (C2C), business-to-consumer (B2C), and business-to-business (B2B) sales services via Chinese and global marketplaces, as well as local consumer ...
Current status. Active. Cable News Network Brazil ( Portuguese: CNN Brasil and abbreviated as CNN BR) is a Brazilian news-based pay television channel and news website. Launched on 15 March 2020, CNN Brazil is owned by Novus Media, a joint-venture between Douglas Tavolaro, former header of Record 's news division, and Rubens Menin, owner of MRV ...
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The Brazilian real ( pl. reais; sign: R$; code: BRL) is the official currency of Brazil. It is subdivided into 100 centavos. The Central Bank of Brazil is the central bank and the issuing authority. The real replaced the cruzeiro real in 1994. As of April 2019, the real was the twentieth most traded currency. [ 1]
Internet in Brazil. Internet in Brazil was launched in 1988, becoming commercialy available in May 1995. [ 1] As of 2023, Brazil ranked fifth in the world with 181.8 million internet users. [ 2] The country had an internet penetration rate of 86.6% as of January 2024. [ 3] In March 2024, Brazil ranked 27th in the Ookla Broadband Ranking (fixed ...