Your email has been successfully added to our mailing list.

×
0 -0.00204764179919448 -0.00281550747389253 -0.000964098013787354 0.000170636816599588 0.00445600982868084 0.00982868063613423 0.013633881646304
Stock impact report

Argentina's Kaszek Ventures raises $600 mln for LatAm startups [Reuters]

MercadoLibre, Inc. (MELI) 
Last mercadolibre, inc. earnings: 2/10 04:01 pm Check Earnings Report
Company Research Source: Reuters
Argentina's Kaszek Ventures raises $600 million for LatAm startups - Reuters 2 Min Read (Reuters) - Argentine venture capital group Kaszek Ventures said on Thursday that it had raised $600 million through two funds, adding to a wave of new money entering Latin America’s burgeoning startup scene. Kaszek, which was founded by former executives of Argentine e-commerce site MercadoLibre ( MELI.O ), said in a statement that it had gathered $375 million for a fund for early-stage companies. Another $225 million will go to support companies that are further along in their development. Latin American entrepreneurs have long struggled to raise money on the order of their peers in Silicon Valley, but that is starting to change. Japan’s SoftBank Group Corp ( 9984.T ) earlier this year launched a $5 billion fund focused on Latin America, prompting other venture capital firms to take a more serious look at the region. “We initiated the process (of raising the funds) in mid-June and received ma Show less Read more
Impact Snapshot
Event Time:
MELI
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for MELI alerts
Opt-in for
MELI alerts

from News Quantified
Opt-in for
MELI alerts

from News Quantified