Mercado libre says will invest $3.4 billion in mexico in 2025


FILE PHOTO: An employee of e-commerce MercadoLibre works at the company's offices in Buenos Aires, Argentina September 6, 2024. REUTERS/Agustin Marcarian/File Photo

MEXICO CITY (Reuters) - Latin American e-commerce giant MercadoLibre said on Friday it will invest $3.4 billion in Mexico in 2025.

"This figure represents a 38% growth compared to our investment last year and will be mainly directed to boost our current operations," an executive from MercadoLibre said while speaking at Mexican President Claudia Sheinbaum's daily morning press conference.

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