MercadoLibre will invest S$10.9 billion in Brazil for 2026. This represents a 50% increase from the prior year.
The capital will fund 14 new fulfillment centers to expand the company’s logistics network. This expansion will create approximately 10,000 new jobs.
Mercado Pago will receive significant funding to broaden credit availability. The fintech arm targets both consumers and small to medium-sized enterprises within the company's ecosystem.
Shares rose 1.1% in premarket trading following the announcement.