NasdaqGS:MELIMultiline Retail
MercadoLibre Doubles Down On Brazil Logistics To Deepen Ecosystem Usage
MercadoLibre (NasdaqGS:MELI) plans a major investment in Brazil for 2026 to expand its logistics and e-commerce operations.
The plan includes 14 new fulfillment centers across the country.
The company expects to hire about 10,000 employees as part of this expansion.
The 2026 spending plan is about 50% higher than MercadoLibre's prior year outlay in Brazil.
For you as an investor, this move highlights how central Brazil is to MercadoLibre's e-commerce and fintech ecosystem in Latin America...