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MercadoLibre to invest USD 25 mln in digital ad group Aleph

Thursday 19 August 2021 | 10:22 CET | News
Latin American e-commerce giant MercadoLibre has announced an agreement to acquire a USD 25 million stake in digital media group Aleph, which operates in the region through IMS Internet Media Services. Under the deal, MercadoLibre will also cooperate with IMS on monetising advertising space on the e-commerce platform's digital properties in countries where it does not have local sales operations.

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Categories: Broadcast & Satellite
Companies: MercadoLibre
Countries: Latin America
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