Startup brings US model to Chile to sell food at factory gate prices

RIO DE JANEIRO, BRAZIL – “Savings community” is the term 12tren uses to self-define itself on its website. The Chilean startup, which began operations in 2020, aims to replicate the US wholesale model used by brands such as Costco and Sam’s Club in Chile.

This model consists of customers paying a membership fee -in this case, CLP 100,000 (US$3.20) per year- with which they can . . .

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