BTOW2 on São Paulo Stock Exchange

B2W

Logo: B2W - Companhia Digital, Public domain, via Wikimedia Commons3

Brazilian retailer with physical and digital operations

Americanas S.A. is one of the largest retail chains in Brazil, with a significant presence in both physical and digital commerce. Founded in 1929, the company has thousands of stores nationwide and a robust online marketplace.2 It employed 8,000 people.1 Its shares trade on São Paulo Stock Exchange under the symbol BTOW2.1 Wikipedia text CC BY-SA 4.0

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Last updated Oct 21, 2026.

Overview

2006Founded1

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  • TickerBTOW2 on São Paulo Stock Exchange1
  • Industryproduct distribution1
  • HeadquartersRio de Janeiro1
  • Websitewww.b2wdigital.com
  • Legal formS.A.1

Americanas S.A. is one of the largest retail chains in Brazil, with a significant presence in both physical and digital commerce. Founded in 1929, the company has thousands of stores nationwide and a robust online marketplace.2

Corporate structure

B2W is part of a group headed by Americanas. 3 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Built from subsidiaries, stakes and holdings from Wikidata (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

The story

Americanas was founded in 1929 in the city of Niterói, Rio de Janeiro, by Max Landesmann and a group of American investors. Initially, the company followed the department store model, offering a wide variety of products at affordable prices. Over the decades, Americanas expanded its national presence, adapting to market changes and incorporating new technologies.

In 1999, the company launched Americanas.com, marking its entry into e-commerce. In 2006, the merger between Americanas.com and Submarino took place, resulting in the creation of B2W Digital, consolidating its position in Brazilian e-commerce.

Judicial Reorganization and 3Q24 Results

In 2023, Americanas entered judicial reorganization after the discovery of significant accounting inconsistencies. The restructuring process involved management changes, debt renegotiation, and operational adjustments to restore market confidence.

In the third quarter of 2024, the company presented the following results:

Net income: R$ 10.3 billion, influenced by discounts in debt renegotiation.

Operating profit: Approximately R$ 279 million.

Net revenue: R$ 3.2 billion, a growth of 0.6% compared to 3Q23.

Debt reduction: From R$ 45.2 billion to R$ 1.7 billion.

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Equity: From negative R$ 30.4 billion to positive R$ 5.7 billion.

From Wikipedia’s article on B2W, shared under CC BY-SA 4.0.4

Products and brands

Americanas operates in several segments:

Physical Stores

Americanas: Traditional model with an average sales area of 1,500 m² and a catalog of 60,000 items.

Americanas Express: Compact stores with an average of 400 m² and a catalog of 15,000 items, tailored to the local consumer profile.

Americanas Local: Convenience stores launched in 2016, focused on food convenience.

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Electronic Commerce

Americanas.com: E-commerce platform launched in 1999.

Submarino: Focused on technology and entertainment.

Shoptime: Specialized in home and décor.

Americanas Empresas: B2B platform launched in 2019.

Supermercado Now: Supermarket item sales website, acquired in 2016.

Americanas Delivery: Fast delivery services.

Digital Products and Services

Ame Digital: Fintech offering financial and payment services.

Skoob: Social network for readers.

Acquisitions

Imaginarium and Puket: In April 2021, Americanas acquired 70% of the Uni.co Group, owner of the Imaginarium and Puket brands, aiming to expand its presence in the gift and fashion franchise segment.

Deliveries

Americanas Entrega: Logistics and delivery service, formerly known as Direct Express.

From Wikipedia’s article on B2W, shared under CC BY-SA 4.0.4

Subsidiaries and ownership

Parent company

Owners

Subsidiaries

From Wikidata.1

Timeline

  1. 2006Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

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