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Tag: Mercado Pago

RIO DE JANEIRO, BRAZIL - (America Economia) The relationship between the Argentine unicorn and Alberto Fernández's government does not seem to be flowing as it did with Mauricio Macri, under whose administration its financial arm, Mercado Pago, took off...
RIO DE JANEIRO, BRAZIL - Mercado Libre on Wednesday, May 5, reported a first quarter 2021 net loss of US$34 million, or US$0.68 loss per share. The quarter closed with a pre-tax profit of US$9.5 million, compared to a...
RIO DE JANEIRO, BRAZIL - With strong growth both in online shopping as in the financial area last year, Mercado Libre set aside R$10 (US$1.72) billion to invest in 2021, most of which will be directed to what may...
RIO DE JANEIRO, BRAZIL - Buenos Aires-based Mercado Libre announced on Monday, March 1st, that it will invest R$10 (US$1.75) billion in Brazil in 2021 to make its mark in its main market, seeing Latin America as the fastest...
RIO DE JANEIRO, BRAZIL - The pandemic, which forced the world's population to shop more online as a result of isolation measures, has turned the e-commerce firm, already one of Latin America's most valuable companies, into a regional titan. From...
RIO DE JANEIRO, BRAZIL - On Monday, November 9th, Mercado Libre, the largest e-commerce and financial services technology group in Latin America, was granted authorization by the Central Bank (BC) to operate as a financial institution, according to a...

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