MercadoLibre to invest $10.9 billion in Brazil this year
The e-commerce firm will increase spending by 50 percent to expand logistics and fintech. It plans to open 14 centers and create 10,000 new jobs in Brazil.
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The e-commerce and fintech giant MercadoLibre, Inc. has announced a significant expansion of its operations in Brazil, with plans to invest 57 billion reais ($10.9 billion) throughout the current year. This figure represents a 50% increase compared to the company's capital allocation in 2025, underscoring the strategic importance of the Brazilian market to the firm's overall growth.
