Tag: MercadoLibre

Latin American e-commerce giant MercadoLibre’s stock reached a record high on February 21 after it reported a record $639M net income on $6.1B in revenue in Q4 (Daniel Cancel/Bloomberg)

MercadoLibre’s Stock Soars After Record Earnings:
Latin American e-commerce giant MercadoLibre surged after reporting a record $639 million net income on $6.1 billion in revenue in Q4. Fueled by strong online shopping, the company’s stock hit a record high on February 21.