Cross-Border Payment Firm DLocal Accelerates Expansion Plans
Uruguay’s first unicorn DLocal Ltd. (Nasdaq: DLO) is accelerating its expansion plans now that it’s more than tripled its cash reserves.
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Uruguay’s first unicorn DLocal Ltd. (Nasdaq: DLO) is accelerating its expansion plans now that it’s more than tripled its cash reserves.
MONTEVIDEO, Uruguay (AP) _ DLocal Ltd. (DLO) on Tuesday reported first-quarter net income of $26.3 million. On a per-share basis, the company said it had profit of 8 cents. The results fell short of Wall Street expectations.
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(Bloomberg) -- Uruguayan payment services company DLocal Ltd. plans to use part of its growing pile of cash to accelerate expansion in developing nations through acquisitions.
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