Overview
- The pledge was announced at Argentina Week in New York with President Javier Milei attending.
- Funds will prioritize new storage centers, a broader logistics network, platform upgrades, and expanded Mercado Pago services.
- The company said the program covers both capital expenditures and operating costs.
- The commitment represents an increase over last year’s plan and follows Szarfsztejn’s January 1 transition to CEO.
- Local reporting indicates Rosario is a leading candidate for a new distribution hub, with lease negotiations reactivated early this year.