MercadoLibre to speed up delivery in Latin America

The so-called ‘eBay of Latin America’ – MercadoLibre – is opening three new distribution centres in Argentina, Brazil and Mexico this year to speed up deliveries reports Reuters

The company, based in Argentina, will reportedly open a new 100,000-square-metre distribution centre in Mexico this month, after inaugurating its first in Argentina in February and a second in Brazil in March.

MercadoLibre has partnered with DHL to set up an 111,000-square-meter warehouse in the municipality of Cajamar, just outside of Sao Paulo.

The new MercadoLibre facility more than doubles its logistics capacity in Brazil, which already includes the 51,000-square-meter warehouse in Louveira, also in Sao Paulo.

The next big launch will be in Mexico, where the company is set to open a 100,000-square-meter fulfillment center in the city of Tepotzotlán, more than three times the size of its first Mexican warehouse in Cuautitlán. Both required an investment of $100 million.

Founded in 1999, MercadoLibre has over 274 million users and more than 12 million sellers in 18 countries in Latin America.