Mercado Libre Surges with Stellar Q1 Earnings

Mercado Libre’s net profit soared to $344 million in the first quarter of 2024, marking a 71% jump. This financial feat significantly outpaced analyst projections, which had pegged net profits at $314 million. Brazil and Mexico played crucial roles in this success, helping counterbalance less favorable outcomes in Argentina. The company operates a sprawling e-commerce […]

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