MercadoLibre (MELI) to Use Digit Robots in Texas Warehouse

Core Insights - MercadoLibre, Inc. (NASDAQ:MELI) has entered a commercial agreement with Agility Robotics to integrate the Digit humanoid robot into its San Antonio, Texas facility for commerce fulfillment tasks [1][2] - The partnership aims to explore additional applications for AI-powered humanoids in logistics operations across MercadoLibre's warehouses in Latin America [3] - The primary objective is to automate repetitive and physically demanding jobs, enhancing worker safety and addressing labor shortages, while increasing overall productivity [4] Financial Analyst Ratings - Citi analyst Joao Soares has reiterated a Buy rating on MercadoLibre, with a price target of $2,500 [5] - BTIG analyst Marvin Fong has also reaffirmed a Buy rating, setting a price target of $2,750 [5] - MercadoLibre is recognized as the leading e-commerce and financial technology company in Latin America, operating in 18 countries [5]