Mercado Libre Invests 1 Billion Pesos to Reach Everywhere in Mexico

Mercado Libre drives the creation of over 6,000 direct and indirect jobs in Mexico.
The company leads in online visitors in Mexico, surpassing Amazon.

Mercado Libre expands in Mexico, creating thousands of jobs and dominating online visitors.

11/09/2020

The initiative would generate over 6,000 direct and indirect jobs in the second-largest Latin American economy, explained the e-commerce company. They further stated that this number would increase over time, without providing additional details. In the third quarter of the year, how did Mercado Libre perform? The e-commerce firm added that their cargo airplane fleet, launched under the name 'Meli Air,' has a capacity of 40 tons and will complement the network of commercial airlines that Mercado Libre already works with.

The new distribution centers are being added to the three storage centers - two in operation and one set to start activities this month - currently owned by the largest e-commerce platform in Latin America. In July, Mercado Libre announced a $27 million investment in the construction of a distribution center in Jalisco to expedite deliveries in the central region of Mexico during the pandemic. The company projected investing $420 million throughout 2020 in Mexico. According to the analytics firm Comscore, Mercado Libre surpassed the retail giant Amazon in terms of visitor numbers in Mexico until August.

Read the full article (in spanish).

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