Latin America e-commerce giant MercadoLibre said on Thursday its first-quarter net profit surged 71% from a year earlier, beating analysts estimates as its performance in Brazil and Mexico offset.
MercadoLibre Net Profit Surges, Driven by Brazil, Mexico usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
MercadoLibre Weathers Argentina Tumult With Mexico, Brazil Gains bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
(Bloomberg) Latin American e-commerce and fintech giant MercadoLibre Inc. jumped the most since August after posting strong first quarter earnings that saw profit surge in Brazil and Mexico, helping offset the hit from Argentina’s currency devaluation. Most Read from BloombergSaudi Arabia Steps Up Arrests Of Those Attacking Israel OnlineEverything Apple Plans to Show at May 7 ‘Let Loose’ iPad EventApple Rallies Most in 18 Months on Upbeat Forecast, BuybackTrump Auditions VP Picks Before Wealt