MercadoLibre’s fintech arm, Mercado Pago, announced on March 31, 2026 that it will discontinue its branded cryptocurrency, Mercado Coin, effective April 17, 2026. The token, launched in August 2022 on the Ethereum ERC‑20 network in partnership with Ripio, had been a component of the company’s loyalty program, offering users cashback rewards on marketplace purchases.
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MercadoLibre announced a commitment to invest 57 billion reais—approximately $10.9 billion—in its Brazilian operations for 2026, a 50 % increase over the 34 billion reais allocated in 2025. The investment will support the company’s logistics, technology, and platform expansion, including the opening of 14 new fulfillment distribution centers that will bring the total network to 42 facilities across the country.
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MercadoLibre announced a $3.4 billion investment in Argentina for 2026, a commitment that will be led by CEO Ariel Szarfsztejn and is aimed at expanding the company’s logistics, technology, and operational footprint in the country.
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