US58733R1023 - Common Stock
MERCADOLIBRE INC
NASDAQ:MELI (5/6/2024, 7:14:01 PM)
After market: 1644.5 -9.35 (-0.57%)1653.85
+23.29 (+1.43%)
MercadoLibre, Inc. engages in the development of an online commerce platform with a focus on e-commerce and related services. The e-commerce products enable retail and wholesale via Internet platforms designed to provide users with a portfolio of services to facilitate commercial transactions. The firm's geographic coverage includes 18 countries of Latin America. The primary offer is an ecosystem of six integrated e-commerce services: the Mercado Libre Marketplace, the Mercado Libre Classifieds service, the Mercado Pago payments solution, the Mercado Credito financial solutions, the Mercado Envios logistic solutions including shipping, the Mercado Ads advertising platform and the Mercado Shops digital storefront solution.
MERCADOLIBRE INC
WTC Free Zone, Dr. Luis Bonavita 1294, Of. 1733, Tower II
MONTEVIDEO BUENOS AIRES C1430CRG
P: 59829272770
CEO: Marcos Galperin
Employees: 40548
Website: https://www.mercadolibre.com.uy/
Argentine banks filed a legal complaint Monday against MercadoLibre Inc. for alleged “abusive conduct” on its digital payments platform, ratcheting up more pressure on the company after new central bank regulations imposed key changes on the fintech sector.
MELI earnings call for the period ending March 31, 2024.
There's a simple reason why this is one of my top holdings.
If you’re holding a growth stock that isn’t growing as much as it should, then you’ve probably got a growth stock to sell on your hands.
The retail shakeout has reached Brazil, where local players are starting to restructure and consolidate amid stiff competition from foreign giants like Amazon.com Inc., MercadoLibre Inc. and Shein Group Ltd.
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