Mercado Libre, in collaboration with Plaza Logística, has announced a US$ 115 million investment for the construction of a new logistics center in Escobar, Argentina.
Mercado Libre and Plaza Logística have unveiled their plans for a joint investment of US$ 115 million to create a new storage center in the municipality of Escobar, Argentina. This initiative is a critical part of Mercado Libre's strategic investment plan totaling US$ 3.4 billion, aimed at enhancing their operations in Argentina by 2026. The logistics center is expected to address the increasing demand for e-commerce by facilitating the processing of up to 130,000 products daily, thereby significantly boosting the company’s logistical capacity in the region.
The new facility will span more than 100,000 square meters and will have the capacity to store over two million large items. By adopting a
