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MercadoLibre to invest over $700 million in Brazil as coronavirus boosts e-commerce

Latin American e-commerce company MercadoLibre is one of the few firms not scaling back spending amid the coronavirus pandemic and plans to move forward with a planned 4 billion reais ($717 million) investment in Brazil this year, an executive told Reuters on Tuesday. [Source]

Publication Date:

Origin: reuters.com

Category: technologyNews

Topics: e-commerce, coronavirus, Brazil, MercadoLibre, Reuters, executive, investment, million), ($717, reais, billion, planned, forward, plans, pandemic, spending, scaling, firms, company, American, Latin, boosts, million, invest

Source: http://feeds.reuters.com/~r/reuters/technologyNews/~3/LfhO1EhFNYI/mercadolibre-to-invest-over-700-million-in-brazil-as-coronavirus-boosts-e-commerce-idUSKBN22H33A