MercadoLibre reported a 50% year-over-year revenue increase to $10.2 billion, with GAAP earnings per share of $9.19. The company intentionally reduced margins by 550 basis points as part of a strategic reinvestment into growth areas such as free shipping, first-party inventory, and card issuance. Advertising revenue grew 73% year-over-year, supporting user expansion and entry into lower-end markets. Improvements in Mercado Pago's asset quality, including a recovery in NIMAL to 20.7% and historically low non-performing loan ratios, suggest strong potential for long-term profitability.
MercadoLibre's stock fell nearly 8% following Lula da Silva's surprise election win in Brazil, reflecting political uncertainty. Despite this, the company remains a strong buy due to its solid fundamentals, with nearly half of its revenue generated o...
MercadoLibre's stock fell 22.78% last year despite record revenue growth of nearly 50%. The decline is due to shrinking operating margins from investments in free shipping, credit expansion, and AI tools, plus external pressures like tax reforms and ...
Brazilian stocks listed in the U.S. fell sharply after Luiz Inácio Lula da Silva won a surprise fourth term as Brazil's president, catching investors off guard. Nu Holdings dropped 25%, Petrobras fell 21%, and MercadoLibre declined 15%, reflecting co...
