"MercadoLibre, NasdaqGS:MELI, is accelerating investments in logistics and fintech across Latin America to improve efficiency and deepen its market reach."
"The company is expanding free shipping, refining last mile delivery and pushing further into digital payments and financial services. These moves come as competitors such as Sea Limited and JD.com increase their presence and capabilities in the region."
MercadoLibre is accelerating investments in logistics and fintech across Latin America to improve operational efficiency and expand market penetration. The company is expanding free-shipping offerings to boost customer acquisition and optimize conversion rates. Investments target last-mile capabilities, warehouse capacity, and delivery networks to shorten fulfillment times and reduce costs. MercadoLibre is also scaling digital payments, credit, and other financial services to deepen customer engagement and monetize transactions. Competitive pressure is increasing as Sea Limited and JD.com expand their regional presence and capabilities, prompting faster execution and capital deployment to defend and grow MercadoLibre’s market share.
Read at Yahoo Finance
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