Welcome to our dedicated page for Dlocal news (Ticker: DLO), a resource for investors and traders seeking the latest updates and insights on Dlocal stock.
Dlocal Ltd (DLO) is a leading cross-border payments platform enabling global enterprises to process transactions in emerging markets. This page serves as the definitive source for official company announcements, financial updates, and strategic developments.
Access real-time updates on DLO's operational milestones, including new market expansions, payment method integrations, and partnership agreements. Investors will find earnings reports and regulatory filings, while businesses can track API enhancements and compliance initiatives shaping the fintech landscape.
All content is curated to help stakeholders understand DLO's role in simplifying complex payment ecosystems through its unified platform. Bookmark this page for direct access to primary source materials from the company, ensuring you stay informed about developments affecting global e-commerce infrastructure.
dLocal has officially launched dLocal for Platforms, a comprehensive payment solution designed to enhance payment management for marketplaces and platform business models in emerging markets. This solution facilitates seller onboarding, payment acceptance, and fund management—all through a single API integration. Notable features include
- Fast onboarding
- Scalable payments
- Multi-country support
- Ease of use
- Security and reliability
dLocal Limited (NASDAQ:DLO) reported a record Total Payment Volume (TPV) of US$10.6 billion for 2022, growing 75% year-over-year, with revenues of US$418.9 million, up 72%. In Q4 2022, TPV reached US$3.3 billion, a 78% increase year-over-year. Despite a 18% drop in profit for Q4 to US$19.4 million due to net financial losses, the company achieved a 165% Net Revenue Retention Rate. For 2023, dLocal estimates revenue between US$620 million and US$640 million. The business remains focused on expanding its footprint in emerging markets, having launched operations in five new countries in 2022.
DLocal (NASDAQ: DLO) plans to announce its fourth fiscal quarter financial results for the period ending December 31, 2022, on April 4, 2023, after market close. A conference call and video webcast are scheduled for April 5, 2023, at 8:00 a.m. Eastern Time. DLocal is a technology-first payments platform that connects global enterprise merchants with consumers in emerging markets across APAC, the Middle East, Latin America, and Africa. The company focuses on offering a seamless payment experience via its 'One dLocal' concept, which simplifies transaction processes for businesses.
dLocal Limited (Nasdaq: DLO) has concluded that key allegations from a report by short seller Muddy Waters Capital are without merit. The company engaged in internal reviews led by its Board and Audit Committee, confirming the integrity of its financial operations. Additionally, dLocal announced a share buyback program, enabling the purchase of up to $100 million of its Class A common shares, reflecting confidence in its business and growth potential. Prominent shareholders, including key management figures, are also expected to acquire additional shares, indicating strong commitment to enhancing shareholder value.
DLocal Limited (NASDAQ: DLO) addressed a short seller report from Muddy Waters Capital, labeling it as inaccurate and speculative. The company cautioned shareholders against making investment decisions based on the report, which they claim is designed to drive down the stock price for short sellers' benefit. DLocal aims to connect global merchants with emerging market consumers through a unified payments platform, emphasizing the importance of its services across various regions, including APAC, Latin America, and Africa.
dLocal reported significant growth in its third quarter of 2022, achieving US$2.7 billion in Total Payment Volume (TPV), a 51% increase year-over-year, and US$112 million in revenues, up 63% from the prior year. The company maintained a remarkable 152% Net Revenue Retention Rate and an adjusted EBITDA margin of 37%. Notably, revenues from Africa and Asia soared 312% year-over-year. dLocal's robust financial performance is attributed to strategic geographic expansion and diversification across various sectors.
dLocal announces expanded partnership with Deel, enhancing payment solutions across 19 countries.
Since February 2020, dLocal has facilitated seamless payouts for Deel, achieving over 700 payment methods and a delivery rate exceeding 99.97%. This partnership has enabled rapid scaling into new markets, including Brazil, Colombia, Mexico, and several others in Asia and Latin America.
Deel's mission to simplify global hiring aligns with dLocal's capabilities, promising faster and more cost-effective payment operations as they continue to grow together.
DLocal Limited (NASDAQ: DLO) announced it will release its financial results for Q3 2022, ending September 30, on November 14, 2022, after market close. A conference call and video webcast are scheduled for November 15, 2022, at 8:30 a.m. ET. The company operates a payments platform that connects global merchants with consumers in emerging markets across various regions, including APAC, the Middle East, Latin America, and Africa. DLocal emphasizes a unified approach through its 'One dLocal' concept, streamlining payment processing for international enterprises.
Pecan AI reported remarkable growth in H1 2022, with a 150% increase in Annual Recurring Revenue (ARR) and a 121% rise in customer count. The platform, designed for business teams, now generates over a billion predictions monthly, impacting billions in revenue. Key hires include Chris Sweeney and Danielle Gotkis. This growth reflects a growing demand for data science capabilities amidst complex macroeconomic conditions, enabling clients to leverage first-party data for strategic decision-making.
dLocal reported robust second-quarter results for 2022, achieving a Total Payment Volume (TPV) of US$2.4 billion, reflecting a 67% year-over-year increase. Revenues reached US$101.2 million, up 72% from the previous year, with an Adjusted EBITDA of US$38.2 million and a steady margin of 38%. The company continues to expand globally, with revenue from Africa and Asia increasing by 155%. dLocal also reported a strong financial position with US$454 million in cash as of June 30, 2022, indicating solid growth prospects.
