MercadoLibre Executive Says Co. To Hire 11,000 People In Brazil This Year, Up From Initial Plan Of 6,500
Portfolio Pulse from Benzinga Newsdesk
MercadoLibre plans to hire 11,000 people in Brazil this year, up from the initial plan of 6,500, indicating significant expansion in the region.
June 05, 2024 | 3:26 pm
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MercadoLibre plans to hire 11,000 people in Brazil this year, up from the initial plan of 6,500, indicating significant expansion in the region.
The increase in hiring suggests that MercadoLibre is experiencing growth and is investing in expanding its operations in Brazil. This could lead to higher revenues and market share in the region, positively impacting the stock price in the short term.
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