Mercadolibre Stock Price, News & Analysis

BigCommerce (Nasdaq: BIGC) has partnered with Mercado Libre (Nasdaq: MELI), Latin America's leading ecommerce marketplace, enabling BigCommerce merchants to access nearly 133 million unique consumers throughout the region. This collaboration, Mercado Libre's first major partnership with a North American platform, aims to enhance cross-border ecommerce. Benefits for merchants include improved order management, personal account management for onboarding, and currency conversion features, helping them enter the fast-growing Latin American market more efficiently.

MercadoLibre, Inc. (MELI) reported Q1 2021 financial results showing net revenues of $1.4 billion, a 158.4% increase year-over-year on an FX neutral basis. Total Payment Volume surged to $14.7 billion, up 129.2% year-over-year, while Gross Merchandise Volume reached $6.1 billion, marking a 114.3% increase. Unique active users also grew by 61.6% year-over-year to 69.8 million. Despite substantial growth, the net loss amounted to $34 million, translating to a net loss per share of $0.68.

MercadoLibre (MELI) plans to release its financial results for the first quarter ending March 31, 2021, on May 5, 2021. Following the release, the company will host a conference call at 5:30 p.m. ET, accessible via phone and audio webcast. MercadoLibre is a leading e-commerce and payments platform in Latin America, operating in 18 countries, including Argentina, Brazil, and Mexico. The platform aims to enhance e-commerce and digital payments across the region, catering to over 605 million people.

MercadoLibre, Inc. (MELI) reported strong Q4 2020 results, with net revenues of $1.3 billion, a 148.5% year-over-year increase on an FX neutral basis. Total Payment Volume reached $15.9 billion, up 134.4% year-over-year. Unique active users grew by 71.3% to 74 million, and Gross Merchandise Volume (GMV) reached $6.6 billion, up 109.7% year-over-year. Despite this growth, the company reported a net loss of $50.6 million, highlighting ongoing challenges.

MercadoLibre (MELI) will release its financial results for the third fiscal quarter ending December 31, 2020, on March 1, 2020. A conference call is scheduled for the same day at 4:30 p.m. ET. Interested participants can join the call by dialing (877) 303-7209 or (970) 315-0420, using Conference ID 4762658. The call will also be accessible via webcast on the company's investor relations website, with an archive available for one week post-call. MercadoLibre is the leading e-commerce and payments platform in Latin America, operating in 18 countries.

MercadoLibre (Nasdaq: MELI) announced the closing of its public offering with $400 million in 2.375% notes due 2026 and $700 million in 3.125% notes due 2031. Proceeds from the 2026 Sustainability Notes aim to finance projects in financial inclusion, environmental sustainability, and social development. The 2031 Notes will be used to repurchase part of the company's outstanding convertible senior notes. This issuance reflects MercadoLibre's commitment to sustainable development and its growth strategy in Latin America.

MercadoLibre, Inc. (Nasdaq:MELI) announced its first public offering of debt securities, pricing $400 million in 2.375% notes due 2026 and $700 million in 3.125% notes due 2031. The proceeds from the 2.375% notes will fund Eligible Projects focusing on environmental and social objectives, including clean transportation and renewable energy. This marks a significant step in MercadoLibre’s financial strategy, which aims to support sustainable development. The notes are guaranteed senior sustainable notes, reflecting the company's commitment to financing responsible initiatives.

MercadoLibre (MELI) announces a $440 million repurchase of its 2.00% convertible senior notes due 2028, anticipated to close by January 26, 2021. This repurchase is part of privately negotiated transactions dependent on the pricing of a prior cash offering of senior notes. The repurchase price will correlate with the volume-weighted average price of MELI's common stock during the determination period, which could influence stock market pricing. Approximately $440 million of the convertible notes will remain outstanding post-repurchase.

MercadoLibre, Inc. (Nasdaq:MELI) announced its first offering of guaranteed senior notes, known as the Sustainable Notes, aimed at financing projects with environmental and social benefits. The company plans to use proceeds to support investments in areas such as clean transportation, energy efficiency, and pollution control. The offering will depend on market conditions, and the company emphasizes that this announcement does not constitute an offer to sell or solicit any securities.