MercadoLibre expects to invest $3.4 billion in Argentina this year, CEO says

Reuters03-12

<a href="https://laohu8.com/S/MELI">MercadoLibre</a> expects to invest $3.4 billion in Argentina this year, CEO says

NEW YORK, March 11 (Reuters) - E-commerce firm MercadoLibre MELI.O expects to invest $3.4 billion in Argentina this year, Chief Executive Officer Ariel Szarfsztejn said on Wednesday.

The company, founded in the South American country but currently based in neighboring Uruguay, also plans to create 2,000 jobs in Argentina in 2026, Szarfsztejn told an event in New York.

(Reporting by Rodrigo Campos in New York)

((Andre.Romani@thomsonreuters.com; 11 991314109;11 56447500;))

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