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4 results for “Amazon MercadoLibre Brazil competition”
Investing• 3h ago
MercadoLibre Price Target Cut by Citi Ahead of Q3 Earnings
Citi analyst Joao Pedro Soares lowered MercadoLibre's price target to $2,100, citing margin pressure from heavy investments in Brazil.
NASDAQ• 5h ago
MercadoLibre issues $1 billion in notes to fuel Latin expansion
MercadoLibre has raised $1 billion in senior unsecured notes to fund its e-commerce and fintech operations, pushing its total debt past $11.6 billion.
NASDAQ• 11h ago
MercadoLibre Sacrifices Operating Margins to Power Brazil Credit Card Growth
MercadoLibre’s stock trades 25% below its 52-week high as aggressive shipping subsidies and a massive credit card expansion in Brazil compress operating margins to 6.7%.
NASDAQ• Oct 12
MercadoLibre founder Marcos Galperin transitions to executive chairman
Founder Marcos Galperin has stepped into an executive chairman role, handing the CEO reins of Latin America's e-commerce giant to Ariel Szarfsztejn.