Mercadolibre Stock Price, News & Analysis

MercadoLibre, Inc. (MELI) will announce its financial results for Q1 2022, ending June 30, on August 3, 2022. The company will hold a video conference, call, and audio webcast on the same day at 4:30 p.m. ET. Investors can register for the call via a provided link. MercadoLibre operates the largest online commerce and payments ecosystem in Latin America, serving 18 countries, including Argentina, Brazil, and Mexico. The firm continues to foster e-commerce and entrepreneurship in a rapidly growing regional market.

Mercado Libre has announced its second-year commitment to climate action through the Regenera América Program, investing U$18 million in conservation initiatives in Latin America. This year's funding includes U$10 million for new projects, following an initial U$8 million investment in 2021. The program aims to restore and protect critical ecosystems, including Brazil's Atlantic Forest and projects in Mexico. The company emphasizes its responsibility to mitigate environmental impacts while enhancing its sustainability efforts in alignment with its global ESG strategy.

Mercado Libre (Nasdaq: MELI) released its third Transparency Report, emphasizing technology in enhancing user safety across its eCommerce and financial platforms. During July-December 2021, the company effectively handled over 16,000 law enforcement inquiries, responding to 90%. Notably, only 1.09% of 585 million active listings faced removal, a 27% drop from the previous report, showcasing improved detection methods. The Brand Protection Program reported a 41.2% decrease in infringement notices, signaling effective intellectual property measures. The report illustrates Mercado Libre's commitment to security and user experience.

MercadoLibre (MELI) reported Q1 2022 net revenues of $2.2 billion, marking a 67.4% year-over-year increase on an FX neutral basis. Their income from operations stood at $139 million, with a 6.2% margin. Total Payment Volume reached $25.3 billion (up 81.2% YoY FX neutral), while Gross Merchandise Volume was $7.7 billion (31.6% YoY FX neutral). The company faced challenges amid rising inflation and consumer spending uncertainty but plans to leverage innovation and resilience in 2022.

MercadoLibre, Inc. (Nasdaq: MELI) will announce its financial results for Q1 2022, ended March 31, on May 5, 2022. The company will also hold an earnings results video conference at 4:30 p.m. ET on the same day. Investors can participate via a conference call or through a live audio webcast available on its investor relations website. MercadoLibre is the largest online commerce and payments ecosystem in Latin America, operating in 18 countries and focusing on e-commerce and digital financial services, facilitating social mobility and entrepreneurship.

MercadoLibre, Inc. (MELI) reported Q4 2021 net revenues of $2.1 billion, marking a 73.9% increase year-over-year on an FX neutral basis. Total Payment Volume (TPV) surged to $24.2 billion, up 72.8% year-over-year, while Gross Merchandise Volume (GMV) reached $8.0 billion, a 32.2% increase. Unique active users grew to 82.2 million. Despite these gains, the company recorded a net loss of $46.1 million for the quarter. Notably, gross profit margin improved to 40.0%, showcasing efficiency amidst an inflationary environment.

MercadoLibre, Inc. (Nasdaq: MELI) will release its financial results for Q4 2021 on February 22, 2022. The Company will hold a conference call at 4:30 PM ET, accessible by calling (877) 303-7209 or (970) 315-0420, Conference ID 2894134. The call can also be streamed live via an audio webcast on the Company’s investor relations website. MercadoLibre is a leading e-commerce and payment platform in Latin America, operating in 18 countries, and aims to enhance digital commerce and mobile payments in a rapidly growing online market.

Aleph Group, Inc announced that Pedro Arnt, Chief Financial Officer of MercadoLibre (NASDAQ: MELI), is joining its Board of Directors and will also chair the Audit Committee. Arnt brings extensive experience from his tenure at MercadoLibre, where he has served since 1999, becoming CFO in 2011. This move comes as Aleph seeks to enhance its digital advertising capabilities, particularly in collaboration with MercadoLibre, which invested in Aleph in 2021. Aleph aims to strengthen business development and maximize advertising monetization in emerging markets.

On January 20, 2022, Mercado Libre (Nasdaq: MELI) announced strategic investments in 2TM Group and Paxos, enhancing its presence in the cryptocurrency sector in Brazil. This acquisition includes shares in MercadoBitcoin.com, a leading digital asset exchange in Latin America. Through its partnership with Paxos, Mercado Pago now allows Brazilian users to buy, hold, and sell cryptocurrencies with transactions starting from R$ 1. These moves underline Mercado Libre's commitment to developing crypto assets and blockchain technology, aiming to empower users and improve financial access across Latin America.