Narayan AmmachchiArgentinean e-commerce giant Mercado Libre has announced that it will invest US$4.6 billion in Mexico in 2026, marking its largest annual commitment in the country.
The investment confirms that Mexico will be the second-largest market for the online retailer.
This will create 8,500 new jobs, primarily in logistics, bringing Mercado Libre’s workforce in Mexico to more than 42,000 employees by the end of next year.
The company said the funds will be used to expand logistics infrastructure, accelerate technology development, strengthen innovation initiatives and grow the financial products offered through Mercado Pago, which the retailer is seeking to turn into a bank.
Investments will also support brand positioning and operational improvements across its e-commerce and fintech businesses.
David Geisen, Country Manager of Mercado Libre Mexico, said the investment will enhance logistics capabilities and financial solutions for millions of consumers, entrepreneurs and small businesses across the country. Mexico is currently Mercado Libre’s second-largest market in Latin America, with more than 1 million SMEs using services within the company’s ecosystem.
The announcement comes on the back of a strong start to 2026 for Mercado Libre. In the first quarter, the company generated US$8.8 billion in net revenue, a 49% increase from a year earlier. The new investment will push its total commitment to Mexico since 2020 beyond US$14 billion.
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