MercadoLibre to open R&D center in Brazil in 2012

Wednesday, October 5, 2011

Latin America e-commerce firm MercadoLibre has announced the opening of an R&D center in Brazil, news source Computer World reported.

The announcement was made by the company's CTO, Daniel Rabinovich, during a visit to a MercadoLibre office in the city of Barueri, in São Paulo state. The center is due to open next year, he said.

MercadoLibre currently has two R&D centers, both in Argentina, where the firm's head offices are located. A fourth facility, the report said, is planned for Palo Alto, California.

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MercadoLibre's executives said that in the last years, the Brazilian branch of the company has had to turn to the Argentine R&D centers for applications, despite strong demand for locally tailored apps.

This expansion is also said to be part of a restructuring project that began 18 months ago to redesign MercadoLibre's e-commerce platform, making it open architecture, and to attract innovative developers.

"Until now, our innovation process has been internal. We're now opening the source code of our platform and seeking solutions, app development partners," Rabinovich was quoted as saying.