MercadoLibre, Inc. (NASDAQ:MELI) partners with Agility Robotics to bring humanoid robot Digit to its San Antonio facility. The goal is to automate tasks that are hard to recruit for, improve worker safety, reduce labor gaps, and increase productivity in MercadoLibre, Inc.’s warehouses across Latin America.

Analysts from TipRanks report that Citi and BTIG both reiterated Buy ratings on MercadoLibre, Inc. (NASDAQ:MELI) with price targets of $2,500 and $2,750, respectively. MercadoLibre, Inc. (NASDAQ:MELI) is a leading e-commerce and fintech company in Latin America with a presence in 18 countries.

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Read more at Yahoo Finance: MercadoLibre (MELI) to Use Digit Robots in Texas Warehouse