MercadoLibre to invest record $2.45 billion in Mexico during 2024

MercadoLibre

14/03/2024 16:21

MEXICO CITY, March 14 (Reuters) - Latin American
e-commerce giant MercadoLibre  MELI.O  will invest $2.45 billion
in Mexico during 2024, a 45% hike from the year before and the
highest commitment for the country, the company said on
Thursday.
    The investment will be mainly directed towards boosting
technology and logistic solutions, said David Geisen, the
company's Mexico head.

 (Reporting by Diego Ore; Writing by Valentine Hilaire; Editing
by Kylie Madry)
 ((Kylie.Madry@thomsonreuters.com;))