Mercado Livre predicts a R$10 billion investment

With a strong increase in online sales in the country and a fierce dispute among the major players in the sector, Mercado Livre reported yesterday that it plans to invest R$10 billion in Brazil in 2021, more than double the amount spent in 2020 (R$4 billion), and a record amount in the company's history, founded in 1999.

Read more: