SAO PAULO, March 24 (Reuters) - E-commerce firm

MercadoLibre ( MELI ) will invest 57 billion reais ($10.9

billion) in its main market Brazil this year, up 50% from 2025,

it said on Tuesday.

MercadoLibre ( MELI ) said the amount, which includes some operating

costs and expenses, will be mainly used on logistics expansion,

as well as to strengthen its e-commerce marketplace platform and

to increase the credit portfolio of its fintech Mercado Pago.

($1 = 5.2546 reais)