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Breakings ·  Jun 6 01:19

Cajamar, Brazil, June 5 (Reuters) - Latin American E-Commerce Giant MercadoLibre Meli.o Expects Its Investments in Brazil This Year to Exceed the 23 Billion Reais ($4.35 Billion) Initially Planned, Local Marketplace Head Fernando Yunes Told Reporters on Wednesday.

Yunes Said the Firm Now Forecasts to Hire 11,000 People in Brazil This Year, up From a Previous Estimate of 6,500. He Added That the Revised Capital Expenditure Plan Cannot Be Fully Disclosed at the Moment as It Is Still in the Works.


($1 = 5.2849 Reais)


(Reporting by Andre Romani)

((Gabriel.araujo2@Thomsonreuters.com; +55 11 5047-3352;))

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