Mercado Libre to Triple Its Logistics Network in Chile by 2027

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On August 27, Mercado Libre announced a US$240 million investment to triple its logistics footprint in Chile from 140,000 to 450,000 square metres by 2027. The expansion plan, revealed at the Mercado Libre Experience event, involves the construction of new storage and distribution centers across Santiago and 14 regional cities spanning from Antofagasta to Puerto Montt. This infrastructure project is expected to create over 2,500 new jobs while supporting the company’s objective to offer same-day delivery in 26 additional cities.

Consequences

The expansion will likely enhance the efficiency of Mercado Libre's delivery services, building upon its current capacity to move over one million packages per week. By increasing last-mile capacity and storage space, the company is positioned to improve its 24-hour delivery rate, which currently stands at 55 percent.

Sources

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