MercadoLibre reportedly plans to increase its investment in Brazil by 48%, from 23 billion reais (about $3.7 billion) in 2024 to 34 billion reais (about...
The CE100 Index’s slide far outpaced the drops seen this past holiday-shortened trading week across the broader markets. Earnings weighed on stock trading, as all...
MercadoLibre’s fourth quarter results showed double-digit growth in unique active buyers and items sold across the company’s marketplace, along with momentum in its credit card...
Who will become Latin America’s dominant digital banking force, MercadoLibre or Nubank? It’s a question posed Tuesday (Dec. 10) in a report by Bloomberg News,...
Yet another antitrust regulator has taken issue with Apple’s in-app payment system. As Reuters reported Monday (Nov. 25), Brazil’s Cade says Apple must do away with restrictions on payment methods for...
Earnings, earnings everywhere — and for connected economy stocks in the CE 100 Index, roaring ahead almost in lockstep, the week was a good one....
MercadoLibre’s most recent results show double-digit growth in key metrics such as gross merchandise volume (GMV), items sold and in its credit portfolio. And users...
Mercado Pago, the FinTech arm of MercadoLibre, reportedly applied for a banking license in Mexico earlier this month. The firm sent the application to the Mexican...
MercadoLibre has filed a complaint with Argentina’s competition regulator, alleging that Argentine banks are using an anti-competitive tactic against the company’s FinTech arm, Mercado Pago....