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Magazine Luiza S.A. – Magalu

MGLU3 · BVMF · Retail / E-commerce

About the company

Magazine Luiza is one of Brazil's largest retail and e-commerce companies, operating physical stores and a major online marketplace known as Magalu. The company has made significant acquisitions to expand its logistics and fintech capabilities, including a digital wallet and buy-now-pay-later product. Its shares experienced significant price volatility over 2020–2024 reflecting high growth expectations followed by macroeconomic headwinds.

ExchangeBVMF
TickerMGLU3
SectorRetail / E-commerce
Indicative market cap USD$3.50B
WebsiteVisit website

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Where to buy

On its home market (BVMF), it is accessible through global brokers that offer that exchange:

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