MEXICO CITY, March 7 (Reuters) - Latin American e-commerce giant MercadoLibre MELI.O said on Friday it will invest $3.4 billion in Mexico in 2025.
"This figure represents a 38% growth compared to our investment last year and will be mainly directed to boost our current operations," an executive from MercadoLibre said while speaking at Mexican President Claudia Sheinbaum's daily morning press conference.
He also added that by 2025, MercadoLibre will hire more than 10,000 new people in Mexico to work in logistics, financial technology, administration and other areas.
(Reporting by Ana Isabel Martinez and Natalia Siniawski)
((natalia.siniawski@thomsonreuters.com;))
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