
Mercado Livre, the largest occupant of warehouses in the country, led the movements with two of the largest rentals of the period, while Shopee occupied 1.7 million square meters, according to Binswanger. This development is happening in the context of growing demand for high-standard logistics and industrial condominiums, which is pressuring the availability of warehouses.
The growth of e-commerce platforms like Mercado Livre and Shopee is driving the demand for warehouse space, which in turn is impacting the social commerce landscape in the country. As these platforms continue to expand, they will need more space to store and ship their products, leading to increased competition for warehouse space and potentially higher costs for businesses and consumers.
The Social Commerce Daily Digest
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