Mercadolibre Stock Price, News & Analysis

Mercado Libre (NASDAQ: MELI) has released the fifth episode of its podcast series 'Inside Mercado Libre,' featuring CEO and founder Marcos Galperin. The episode, titled 'Marcos Galperin on MELI's Culture,' commemorates the company's 25-year journey and explores the cultural values that have driven its success in Latin America.

Hosted by Investor Relations Officer Richard Cathcart, the podcast provides investors with direct access to executive insights. Galperin discusses the company's core values of hard work, meritocracy, excellence, entrepreneurship, and long-term focus. With over 85,000 employees across Latin America, the company maintains its growth momentum while continuously evaluating threats and exploring new opportunities.

Previous episodes featured discussions on strategy, advertising, logistics, and artificial intelligence with various company executives.

Essendant has expanded its marketplace operations by partnering with Mercado Libre, Latin America's largest online marketplace. This marks Essendant's first entry into the Latin American market, offering power and hand tools from top brands across 18 countries in Mexico, Central and South America.

The partnership, which went live in the first week of October, follows months of development and product curation tailored to the Latin American consumer base. According to Interim CEO David Boone, this expansion through Mercado Libre's international reach represents a critical growth opportunity for Essendant's Connected Commerce program.

Mercado Libre (MELI) reported strong Q3 2024 results with net revenue reaching $5.3 billion, up 35% year-on-year. The company's unique buyers increased 21% to 61 million, while Gross Merchandise Value (GMV) grew 14% to $12.9 billion. In fintech, Mercado Pago saw total payment volume rise 34% to $50.7 billion, with monthly active users growing 35% to 56 million. The credit portfolio expanded 77% year-on-year to $6 billion, while the credit card portfolio surged 172% to $2.3 billion. Operational income reached $557 million amid strategic investments in technology and logistics.

MercadoLibre (MELI) announced it will release its Q3 2024 financial results through a Letter to Shareholders, now available on their Investor Relations website. The company has scheduled an earnings video conference, conference call, and audio webcast for November 6 at 5:00 p.m. Eastern Time. Investors and analysts can participate through a video webcast link or dial-in numbers for the Q&A session. The webcast recording will be accessible for one week after the conference call.

MercadoLibre (MELI) has announced it will release its third quarter 2024 financial results on November 6, 2024. The company will host an earnings results video conference, conference call, and audio webcast at 5:00 p.m. Eastern Time on the same day. Investors, analysts, and market participants can access the video webcast through a provided link, while those wishing to participate in the Q&A session can join via toll-free or international dial-in numbers.

Mercado Libre (NASDAQ: MELI) has released a new episode of its IR Interviews podcast featuring Leandro Cuccioli, Senior VP of CorpDev, Strategy, Sustainability and IR. The episode discusses the company's long-term growth strategy in Latin America, where e-commerce penetration remains at mid-teens levels. With over 90 million unique buyers, Mercado Libre continues to strengthen its market position through logistics, product variety, and retail media. The podcast highlights significant growth opportunities for Mercado Pago in underserved financial markets, particularly in Mexico, where only half the population has a bank account and 11% have credit cards.

MercadoLibre, Inc. (Nasdaq: MELI) has released its financial results for the second quarter of 2024. The company, which operates the largest online commerce ecosystem in Latin America, will host an earnings video conference and a Q&A session on August 1, 2024, at 5:00 p.m. Eastern Time. MercadoLibre is present in 18 countries, including Argentina, Brazil, Mexico, Colombia, Chile, and Peru, serving a region with over 650 million people and one of the world's fastest-growing Internet penetration and e-commerce growth rates.

The company's platform, MercadoLibre.com, provides a safe environment for buyers and sellers, while its fintech arm, MercadoPago, offers a wide range of financial technology services to both e-commerce users and external customers. These services include digital accounts, debit cards, online payments, insurance, savings, investments, and credit lines for individuals, as well as payment processing services for merchants.

MercadoLibre (Nasdaq: MELI) has announced it will release its Q2 2024 financial results on August 1, 2024. The company will host an earnings results video conference, conference call, and audio webcast on the same day at 5:00 p.m. Eastern Time. Investors and analysts can access the live event through a provided link and register to participate in the Q&A session.

MercadoLibre is the largest online commerce ecosystem in Latin America, operating in 18 countries. It offers e-commerce and digital financial services through its technology solutions. The company's fintech platform, MercadoPago, provides a range of financial services to both individuals and merchants, including digital accounts, online payments, insurance, savings, investments, and credit lines.

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.