Amazon (AMZN.O) on Thursday opened its largest last-mile delivery center in Latin America, a warehouse in Mexico's capital, as it seeks to offer faster deliveries in one of the region's most populous cities.
The e-commerce giant launched in Mexico in 2015 and has since invested 52 billion pesos ($3 billion) in an effort to attract more shoppers in Latin America's second-largest economy and gain an advantage over competitors. such as Mercado Libre (MELI), based in Argentina. .O) and retail giant Walmart (WMT.N).
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