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MercadoLibre Reportedly Plans to Boost Annual Investment in Argentina to $2.6 Billion in 2025
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MercadoLibre Reportedly Plans to Boost Annual Investment in Argentina to $2.6 Billion in 2025
Apr 9, 2025 8:38 AM

11:24 AM EDT, 04/09/2025 (MT Newswires) -- MercadoLibre ( MELI ) is reportedly looking to invest $2.6 billion in the Argentinian market during 2025, up 53% from the previous year, multiple news outlets reported Wednesday, citing the company's country manager Juan Martin de la Serna.

The e-commerce company plans to invest in logistics, marketing and technology, and will add 2,000 employees to its local workforce during the year, Reuters reported, citing a report by local newspaper La Nacion.

Price: 1816.92, Change: -9.19, Percent Change: -0.50

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