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MercadoLibre, Inc. - MELI STOCK NEWS

Welcome to our dedicated page for MercadoLibre news (Ticker: MELI), a resource for investors and traders seeking the latest updates and insights on MercadoLibre stock.

Mercado Libre, Inc. (NASDAQ: MELI) represents the pinnacle of e-commerce and fintech innovation in Latin America. Established in 1999 and headquartered in Buenos Aires, Argentina, MercadoLibre has revolutionized the way individuals and businesses buy, sell, advertise, and pay for goods online through its diverse platforms.

At the core of its operations are MercadoLibre.com and MercadoPago.com, which collectively serve millions of users across 18 countries. The company's e-commerce platform, MercadoLibre.com, is a bustling marketplace allowing users to engage in transactions safely and efficiently. Recognized globally, the site ranks among the top 50 in terms of page views and holds the top spot for unique visitors in every country it operates, according to Comscore Networks.

MercadoLibre's ecosystem extends beyond e-commerce. Mercado Envios provides seamless shipping solutions, while Mercado Pago and Mercado Credito offer robust payment and financing options. The company also features advertising services through Mercado Clics, a classifieds section, and Mercado Shops, a turnkey e-commerce solution for businesses.

With more than 218 million active users and over 1 million active sellers, MercadoLibre generates revenue through a mix of final value fees, advertising royalties, payment processing, insertion fees, subscription fees, and interest income from lending. The company’s commitment to leveraging world-class technology has positioned it as a leader in democratizing commerce and financial services in Latin America.

One of the recent notable updates is the conversion option for note holders before November 13, 2023. Each $1,000 principal amount of notes is convertible into 2.2952 shares of MercadoLibre common stock, reflecting an increased rate. This strategic move aims to save the company approximately $44 million in interest expenses, underscoring its prudent financial management.

MercadoLibre is more than an e-commerce platform; it's a catalyst for economic transformation in Latin America, offering intuitive solutions tailored to the region's distinct cultural needs. For further information, visit their Investor Relations page.

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MercadoLibre, Inc. (Nasdaq: MELI) released their first quarter 2024 financial results, showcasing a strong performance. The company reported earnings for the quarter ended March 31, 2024, in a Letter to Shareholders now available on the Investor Relations website. The earnings video conference, conference call, and audio webcast for investors will take place on May 2, at 5:00 p.m. Eastern Time. Investors can access the live event through provided links and register to participate.

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MercadoLibre, Inc. will announce its First Quarter 2024 Financial Results on May 2, 2024. The Company will host an earnings results video conference, conference call, and audio webcast to discuss the financial performance for the quarter ending March 31, 2024. Investors, analysts, and the market can access the live event through the provided links and register to participate. The webcast and audio will be available on the investor relations section of the Company's website.

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MercadoLibre, Inc. releases its 2024 Institutional Presentation for Investors, showcasing growth strategies and financial highlights.
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MercadoLibre, Inc. reported its fourth quarter 2023 financial results, showcasing impressive growth in revenue and active users. The company will host an earnings video conference and a conference call for investors to address any queries.
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MercadoLibre, Inc. (MELI) is set to release its financial results for the fourth fiscal quarter ending December 31, 2023, on February 22, 2024. The company will host an earnings results video conference, conference call, and audio webcast at 5:00 p.m. Eastern Time. Investors, analysts, and the market can access the event through provided links and register to participate. The webcast and audio will be available on the investor relations section of the company's website, with an archive accessible for one week post the event.
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MercadoLibre, Inc. (Nasdaq: MELI) reported strong financial results for Q3 2023. Net revenues reached $3.8 billion, up 69.1% YoY on an FX neutral basis. Income from operations was $685 million with an 18.2% margin. Total Payment Volume was $47.3 billion, up 121.2% YoY, and Gross Merchandise Volume was $11.4 billion, up 59.3% YoY.
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MercadoLibre, Inc. reported financial results for Q3 2023, with a letter to shareholders posted on its website. The company will host an earnings results video conference and a conference call on November 1st. Access to the video webcast and live audio will be available on the company's website.
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MercadoLibre, Inc. plans to release its financial results for the third fiscal quarter on November 1st, 2023. The company will host a video conference, conference call, and audio webcast on the same day. Access to the webcast and live audio will be available on the company's website.
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MercadoLibre to redeem all outstanding 2.00% Convertible Senior Notes due 2028, saving approximately $44 million in interest expense
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MercadoLibre, Inc. announced the appointment of Martín de los Santos as its new CFO, replacing Pedro Arnt. Martín de los Santos has a proven track record in driving transformational strategies in fintech and credit businesses. Andrés Anavi will succeed de los Santos as SVP of Mercado Crédito.
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FAQ

What services does MercadoLibre offer?

MercadoLibre provides e-commerce, payment processing, shipping solutions, advertising services, classifieds, and a turnkey e-commerce platform.

How many countries does MercadoLibre operate in?

MercadoLibre operates in 18 countries across Latin America.

What are MercadoLibre’s main revenue streams?

MercadoLibre generates revenue from final value fees, advertising royalties, payment processing, insertion fees, subscription fees, and interest income from lending.

How many active users does MercadoLibre have?

As of the end of 2023, MercadoLibre has over 218 million active users.

When did MercadoLibre go public?

MercadoLibre went public in 2007 and is listed on NASDAQ under the ticker symbol MELI.

What is Mercado Envios?

Mercado Envios is MercadoLibre's shipping solution that facilitates the delivery of goods bought and sold on their platform.

What is Mercado Pago?

Mercado Pago is a fintech platform offering payment and financing solutions for both individuals and merchants.

How does MercadoLibre support small and medium-sized businesses?

MercadoLibre supports SMBs through its Mercado Shops platform, providing a turnkey e-commerce solution to help businesses sell online.

What recent financial strategy did MercadoLibre implement?

MercadoLibre allowed note holders to convert their notes into common stock before November 13, 2023, aiming to save $44 million in interest expenses.

Where can I find more information about MercadoLibre's financial performance?

More information about MercadoLibre's financial performance can be found on their Investor Relations page at http://investor.mercadolibre.com.

MercadoLibre, Inc.

Nasdaq:MELI

MELI Rankings

MELI Stock Data

85.73B
50.70M
7.3%
85.01%
1.37%
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