Competition in the Latin American e-commerce market is heating up, with both local players and Asian heavyweights making inroads in a region dominated by one …
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Mercado
Mercado Libre to Increase Investments in Brazil to $4.6 Billion in 2024
Latin American e-commerce giant Mercado Libre said on Tuesday it plans to invest a record 23 billion reais ($4.6 billion) in 2024 in Brazil, its …
Mercado Libre Slumps Most in Two Years on Profit Shortfall
Mercado Libre Inc., the Latin American e-commerce and payments giant, fell the most in nearly two years after posting fourth-quarter earnings that fell short of …
Mercado Libre to Invest $3.4 billion in Brazil This Year
The Latin American e-commerce giant announced a 17 billion reais investment ($3.44 billion) to expand and consolidate its Brazilian business in 2022. The sum represents …