MercadoLibre (NasdaqGS:MELI) To Increase Brazil Investments By 48% In 2025
MercadoLibre (NasdaqGS:MELI) recently announced a substantial investment increase in Brazil, aiming to expand logistics, technology, and marketing with a 48% rise in local currency spending for 2025. During the last quarter, the company experienced a 14% stock price increase, which aligns with its ambitious growth plans in Brazil and Mexico. Notably, these moves complemented broader market trends, as major indexes including the S&P 500 and Dow Jones showed significant gains driven by tech...