MercadoLibre to Launch One-Hour Delivery and Expand Pharmacy Business in Brazil

Key Facts

1MercadoLibre plans to launch a new service offering product deliveries within one hour in Sao Paulo, Brazil.

2Fernando Yunes, the firm's executive vice president of commerce, confirmed plans to expand the pharmacy business in the Brazilian market.

MercadoLibre plans to launch a new service offering product deliveries within one hour in Sao Paulo, Brazil. Fernando Yunes, the firm's executive vice president of commerce, confirmed plans to expand the pharmacy business in the Brazilian market, Reuters reported.

MELI closed at $1799.24 on September 23, 2026, after reaching a session high of $1836.07. These strategic moves are designed to enhance logistics competitiveness and drive growth within the pharmaceutical retail sector.