According to Mercado Livre, a large part of the investment will be applied to the Mercado Pago Fintech, expanding the offer of services, products and experiences integrated into the digital account. In addition, the company announced that it should open four new distribution centres in the State of Sao Paulo.
According to Mercado Livre, the new Distribution Centre will allow the expansion of logistics capacity, increasing its transaction capacity to over 2 million packages.
Currently, Mercado Livre has 12 Distribution Centres spread throughout the country. According to SiiLA, Mercado Livre was the company that most leased logistics warehouses in 2020 and 2021, totalling 648,800 sq metres.