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Stock impact report

MercadoLibre (MELI) to Use Digit Robots in Texas Warehouse [Yahoo! Finance]

MercadoLibre, Inc. (MELI) 
Last mercadolibre, inc. earnings: 2/10 04:01 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Agility Robotics is the creator of the leading humanoid robot called Digit. This agreement will bring Agility Robotics' Digit humanoid robot into MercadoLibre, Inc.'s (NASDAQ:MELI) facility in San Antonio, Texas. Initially, Digit will help with tasks that support commerce fulfillment. MercadoLibre, Inc. (NASDAQ:MELI) and Agility Robotics also plan to find more use cases where AI-powered humanoids can support and add value to logistics operations in MercadoLibre, Inc.'s (NASDAQ:MELI) warehouses across Latin America. The main goal here is to automate jobs that are hard to recruit for, especially those that are extremely repetitive and physically difficult. This could help improve safety for the company's workers and also reduce labor gaps. By using robots and automating these tasks, MercadoLibre, Inc. (NASDAQ:MELI) hopes to increase productivity and allow employees to focus on more value-added work. In other news, on December 5, TipRanks reported that Citi analyst Joao Soares re Show less Read more
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