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5 results for “MercadoLibre”
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.
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.
MercadoLibre debt expansion fuels defense against regional rivals
Latin American e-commerce giant MercadoLibre strengthens its liquidity through a major bond sale to counter growing competition from Amazon and Shopee.
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%.
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.