Mercado Livre increases investment in Brazil to R$19 billion in 2023

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Increase your sales by integrating Mercado Livre with Sankhya ERP? If you haven't done so yet, it's time to learn about Zydon Link.
Amazon carries out its second layoff in the US justifying imminent global economic instability, meanwhile, in the South American part of the continent, Mercado Livre announces that it will invest R$19 billion in Brazil in 2023.

In late February, MELI reported better-than-expected 2022 results that defied current trends. The company achieved impressive milestones : it processed over $100 billion in payments, generated over $10 billion in revenue, and its net income soared by 480%.

Once again, Brazil stood out as one of the main drivers of the company 's performance , showing a 36% increase in revenue .

In 2022, Mercado Livre welcomed more than 170,000 new sellers to its honduras whatsapp database platform in Brazil. Another 220,000 sellers have been formalized since the beginning of the pandemic.

What the MELI board predicts for 2023
According to Fernando Yunes , who runs the company in Brazil: “MELI will grow more this year than in 2022 – and with even higher margins.”

In other words, one of the levers of this expansion will be Mercado Livre's digital bank: Mercado Pago.

And you still haven't integrated Mercado Livre with Sankhya?
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Don't miss the opportunity to boost your sales and improve the management of your e-commerce with Zydon Link. Check out how simple it is:


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