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Mercadolibre


Berita

MercadoLibre secures $250 million financing from JPMorgan to expand fintech's credit profile in Mexico

UPDATE 1-MercadoLibre secures $250 million financing from JPMorgan to expand fintech's credit profile in Mexico Adds context, details MEXICO CITY, Sept 18 (Reuters) - Latin American e-commerce giant MercadoLibre MELI.O announced on Wednesday that it signed a $250 million financing deal with JPMorgan JPM.N aimed at expanding its fintech arm Mercado Pago's credit profile in Mexico.
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MercadoLibre secures $250 million financing from JP Morgan to expand fintech's credit profile in Mexico

MercadoLibre secures $250 million financing from JP Morgan to expand fintech's credit profile in Mexico MEXICO CITY, Sept 18 (Reuters) - Latin American e-commerce giant MercadoLibre MELI.O signed a $250 million financing deal with JPMorgan JPM.N aimed at expanding its fintech arm Mercado Pago's credit profile in Mexico, MercadoLibre said on Wednesday.
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Latin America's e-commerce king says MercadoLibre has huge room for growth

Latin America's e-commerce king says MercadoLibre has huge room for growth By Lucinda Elliott BUENOS AIRES, Sept 9 (Reuters) - Marcos Galperin, chief executive of Latin American e-commerce giant MercadoLibre Inc MELI.O - already the region's most valuable listed firm - says the company is just getting started. He wants to triple the number of users, expand online payments, leverage artificial intelligence (AI) and use drones to reach more shoppers.
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REUTERS NEWS SCHEDULE AT 6:00 pm ET/ 6:00 am SGT

REUTERS NEWS SCHEDULE AT 6:00 pm ET/ 6:00 am SGT Here are the top stories and upcoming coverage plans for Reuters text service as of 6:00 pm ET/ 6:00 am SGT. For a full schedule of news and events, go to our editorial calendar on Reuters Connect . TOP STORIES GLOBAL ISRAEL-PALESTINIANS/JORDAN-SHOOTING Gunman from Jordan kills three Israelis at border crossing, Israeli army says NEAR ALLENBY BRIDGE CROSSING, West Bank, Sept 8 (Reuters) - A gunman from Jordan killed three Israeli civilians at the
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MercadoLibre CEO Says Developing $75 Mln Storage Center in Argentina

BRIEF-MercadoLibre CEO Says Developing $75 Mln Storage Center in Argentina Sept 4 (Reuters) - MercadoLibre Inc MELI.O : MERCADOLIBRE CEO GALPERIN SAYS FIRM DEVELOPING NEW STORAGE CENTER IN ARGENTINA -POST ON X GALPERIN SAYS NEW MERCADOLIBRE ARGENTINA CENTER REPRESENTS $75 MILLION INVESTMENT, WILL ADD 2,300 DIRECT JOBS -POST ON X Further company cov
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MercadoLibre ramps up fight with Argentine banks over QR payments

MercadoLibre ramps up fight with Argentine banks over QR payments MercadoLibre files complaint against MODO for cartel-like behaviour MODO backed by 36 banks, including Banco Nacion, Santander, BBVA, HSBC MODO accused Mercado Pago of abusive practices in May BUENOS AIRES, Aug 26 (Reuters) - Latin American e-commerce giant MercadoLibre MELI.O said on Monday it had filed a complaint with Argentine regulators against digital wallet MODO backed by local banks, alleging cartel-like behaviour and conc
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MercadoLibre's fintech launches its own dollar-backed 'stablecoin' in Brazil

MercadoLibre's fintech launches its own dollar-backed 'stablecoin' in Brazil SAO PAULO, Aug 21 (Reuters) - Latin American e-commerce giant MercadoLibre's financial technology arm Mercado Pago announced on Wednesday that it has started making a so-called stablecoin priced in U.S. dollars at a one-to-one value available to its clients in Brazil. The South American economy is the largest market for MercadoLibre MELI.O .
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U.S. STOCKS Intel, Guardant, Ventas

BUZZ-U.S. STOCKS ON THE MOVE-Intel, Guardant, Ventas Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 The Nasdaq Composite was on track to fall into a correction in a Wall Street battering after Friday's weak jobs numbers deepened worries of a slowdown in the U.S.
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U.S. STOCKS Morgan Stanley, Intel, Guardant

BUZZ-U.S. STOCKS ON THE MOVE-Morgan Stanley, Intel, Guardant Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 The Nasdaq Composite was set to plunge into a correction on Friday, falling more than 10% from its July peak after weak employment numbers aggravated worries of a slowdown in the U.S.
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U.S. STOCKS Intel, Nvidia, Chevron

BUZZ-U.S. STOCKS ON THE MOVE-Intel, Nvidia, Chevron Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street's main indexes were poised to slump at the open on Friday after weak employment numbers exacerbated worries of a slowdown in the U.S.
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U.S. STOCKS MercadoLibre, DoorDash, Coinbase

BUZZ-U.S. STOCKS ON THE MOVE-MercadoLibre, DoorDash, Coinbase Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Futures fell sharply on Friday after Amazon and Intel presented downbeat forecasts as concerns over the health of the U.S.
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MercadoLibre jumps after profit doubles, bucks broader market weakness

BUZZ-MercadoLibre jumps after profit doubles, bucks broader market weakness ** MercadoLibre MELI.O shares up 9.6% at $1,760.21, bucking broader market weakness ** Latin American e-commerce giant says its Q2 net profit more than doubled from a year earlier and beat analyst estimates on strong operations in Brazil ** Meanwhile, online retail giant Am
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MercadoLibre's profit more than doubles in second quarter, beats estimates

UPDATE 2-MercadoLibre's profit more than doubles in second quarter, beats estimates Adds details and quotes from CFO in paragraphs 5-13 SAO PAULO, Aug 1 (Reuters) - Latin America e-commerce giant MercadoLibre MELI.O said on Thursday its net profit more than doubled in the second quarter from a year earlier, beating analysts' estimates with Brazil's operations standing out.
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MercadoLibre's net profit more than doubles in second quarter, beats estimates

MercadoLibre's net profit more than doubles in second quarter, beats estimates SAO PAULO, Aug 1 (Reuters) - Latin America e-commerce giant MercadoLibre MELI.O said on Thursday its net profit more than doubled in the second quarter from a year earlier, beating analysts estimates. MercadoLibre, which operates a marketplace in 18 countries and also owns the fintech Mercado Pago, posted a $531 million net profit for the quarter ended in June, above the $432 million profit that analysts polled by LSE
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MercadoLibre Inc <MELI.OQ> expected to post earnings of $8.53 a share - Earnings Preview

MercadoLibre Inc expected to post earnings of $8.53 a share - Earnings Preview MercadoLibre Inc MELI.OQ MELI.O is expected to show a rise in quarterly revenue when it reports results on August 1 for the period ending June 30 2024 The Montevideo Uruguay-based company is expected to report a 37.1% increase in revenue to $4.68 billion from $3.42 billion a year ago, according to the mean estimate from 10 analysts, based on LSEG data.
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Nasdaq top and bottom performing stocks at about 03:45 p.m. EDT

BUZZ - Nasdaq top and bottom performing stocks at about 03:45 p.m. EDT Nasdaq 100 .NDX Top Performers Percent Change ON Semiconductor Corp ON.OQ +12.5% Tesla Inc TSLA.OQ +5.4% Dexcom Inc DXCM.OQ +3.9% Charter Communications Inc CHTR.OQ +3.6% Comcast Corp CMCSA.OQ +2.5% Bottom Performers Percent Change Arm Holdings PLC ARM.OQ -5.2% PDD Holdings Inc PDD.OQ -2.2% MercadoLibre Inc MELI.OQ -2.0% Super Micro Computer Inc SMCI.OQ -1.8% Marvell Technology Inc MRVL.OQ -1.4% The Nasdaq 100 .NDX gained 86.
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Brazil's Americanas details accounting fraud

UPDATE 1-Brazil's Americanas details accounting fraud Adds details of findings, company background By Luciana Magalhaes and Luana Maria Benedito SAO PAULO, July 17 (Reuters) - Brazilian retailer Americanas SA is sharing with authorities new details of how it hid over $4 billion in debt, saddling investors with huge losses and doubts about what comes next for the 95-year-old brand, whose former executives are under police investigation.
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Nasdaq top and bottom performing stocks at about 12:01 p.m. EDT

BUZZ - Nasdaq top and bottom performing stocks at about 12:01 p.m. EDT Nasdaq 100 .NDX Top Performers Percent Change Arm Holdings PLC ARM.OQ +6.6% Advanced Micro Devices Inc AMD.OQ +4.8% Meta Platforms Inc META.OQ +4.4% MercadoLibre Inc MELI.OQ +4.2% GlobalFoundries Inc GFS.OQ +3.8% Bottom Performers Percent Change Micron Technology Inc MU.OQ -3.7% Paccar Inc PCAR.OQ -2.3% Diamondback Energy Inc FANG.OQ -1.8% PDD Holdings Inc PDD.OQ -1.7% Warner Bros Discovery Inc WBD.OQ -1.2% The Nasdaq 100 .ND
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Nasdaq top and bottom performing stocks at about 03:45 p.m. EDT

BUZZ - Nasdaq top and bottom performing stocks at about 03:45 p.m. EDT Nasdaq 100 .NDX Top Performers Percent Change Tesla Inc TSLA.OQ +6.7% MongoDB Inc MDB.OQ +5.6% Zscaler Inc ZS.OQ +2.9% Constellation Energy Corp CEG.OQ +2.6% Apple Inc AAPL.OQ +2.6% Bottom Performers Percent Change O'Reilly Automotive Inc ORLY.OQ -3.9% Warner Bros Discovery Inc WBD.OQ -3.9% Walgreens Boots Alliance Inc WBA.OQ -3.7% MercadoLibre Inc MELI.OQ -3.5% Advanced Micro Devices Inc AMD.OQ -3.3% The Nasdaq 100 .NDX gain
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Nasdaq top and bottom performing stocks at about 12:01 p.m. EDT

BUZZ - Nasdaq top and bottom performing stocks at about 12:01 p.m. EDT Nasdaq 100 .NDX Top Performers Percent Change Tesla Inc TSLA.OQ +6.6% MongoDB Inc MDB.OQ +4% Zscaler Inc ZS.OQ +3.2% Constellation Energy Corp CEG.OQ +2.8% Apple Inc AAPL.OQ +2.3% Bottom Performers Percent Change Walgreens Boots Alliance Inc WBA.OQ -4.2% O'Reilly Automotive Inc ORLY.OQ -3.9% Advanced Micro Devices Inc AMD.OQ -3.6% MercadoLibre Inc MELI.OQ -3.5% Warner Bros Discovery Inc WBD.OQ -3.2% The Nasdaq 100 .NDX gained
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