MercadoLibre to invest $2.6 bln in Argentina this year, local media reports

Reuters

04/09

<a href="https://laohu8.com/S/MELI">MercadoLibre</a> to invest $2.6 bln in Argentina this year, local media reports

April 9 (Reuters) - Latin American e-commerce giant MercadoLibre plans to invest $2.6 billion in Argentina this year, local newspaper La Nacion reported on Wednesday.

The funds - a 53% boost from the year before - will go toward logistics, marketing and technology, La Nacion reported.

(Reporting by Kylie Madry, Editing by Natalia Siniawski)

((Kylie.Madry@thomsonreuters.com;))

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