financetom
Business
financetom
/
Business
/
MercadoLibre to invest record $2.45 billion in Mexico during 2024
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
MercadoLibre to invest record $2.45 billion in Mexico during 2024
Mar 14, 2024 9:43 AM

MEXICO CITY, March 14 (Reuters) - Latin American

e-commerce giant MercadoLibre ( MELI ) 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.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Nissan reaffirms South Africa growth plans amid plant uncertainty
Nissan reaffirms South Africa growth plans amid plant uncertainty
Jul 10, 2025
By Nqobile Dludla MAGALIESBERG, South Africa, July 10 (Reuters) - Nissan Motor ( NSANF ) is still committed to growing in Africa, with plans to introduce new SUVs and new variants of existing models, its Africa president said on Thursday, even as speculation swirls around the future of its South African plant. New chief executive Ivan Espinosa unveiled sweeping cost...
Gorilla Technology Shares Plunge After Nvidia-Fueled Rally Reverses
Gorilla Technology Shares Plunge After Nvidia-Fueled Rally Reverses
Jul 10, 2025
Gorilla Technology Group Inc. ( GRRR ) shares plunged on Thursday, reversing a strong rally from the previous session that was driven by trader enthusiasm over the company’s listing as an NVIDIA Corp.’s NVIDIA Solutions Partner on its website. This designation suggests a deeper collaboration with NVIDIA ( NVDA ), potentially giving Gorilla access to advanced AI tools and enhancing...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Alphabet's Google Launches Gemini Photo-to-Video Feature
Alphabet's Google Launches Gemini Photo-to-Video Feature
Jul 10, 2025
12:04 PM EDT, 07/10/2025 (MT Newswires) -- Alphabet's (GOOG, GOOGL) Google ( GOOG ) said Thursday that it launched a new photo-to-video capability on Gemini, enabling users to create eight-second clips with sound. The photo-to-video feature will be available to Google AI Pro and Ultra subscribers in select countries globally, the tech giant said. Google ( GOOG ) said the...
Copyright 2023-2026 - www.financetom.com All Rights Reserved