Mercado Libre to Open First Distribution Centers in Mexico

Leading Latin American online marketplace provider Mercado Libre is adding its first distribution centers, building two in Mexico to help improve its logistics in that country, according to a report in Reuters.

The Brazilian firm is investing $100 million in the two facilities, which will total 1.4 million square feet, and be built in the area of Mexico City.

Mercado Libre is upping its logistics infrastructure to speed up order fulfillment and better compete with Amazon, which is moving aggressively into the Mexican market.

With operations in Argentina, Bolivia, Brazil, Chile, Colombia, Costa Rica, Dominican Republic, Mexico, Ecuador, Guatemala, Honduras, Peru, Panama, Portugal, Uruguay and Venezuela, Mercado Libre is the largest ecommerce platform in Latin America, with more than 175 million users.

You can read the full story here.

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