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Latin American e-marketplace MercadoLibre makes another acquisition

MercadoLibre Inc., the operator of leading online marketplaces in 13 countries across South America, has acquired Axado, a Brazilian shipping and logistics technology firm for R$26 million (US$7.6 million). MercadoLibre (spelled MercadoLivre in its native Portuguese), says the Axado purchase will help it expand its logistics business and provide more services to sellers on its […]

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