Argentina's Kaszek Ventures raises $600 mln for LatAm startups [Reuters]
MercadoLibre, Inc. (MELI)
Last mercadolibre, inc. earnings: 2/10 04:01 pm
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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
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MELI
News
- MercadoLibre (MELI) to Report Q1 Results: Wall Street Expects Earnings Growth [Yahoo! Finance]Yahoo! Finance
- MercadoLibre, Inc. (NASDAQ: MELI) had its price target lowered by analysts at Wedbush from $2,000.00 to $1,800.00. They now have an "outperform" rating on the stock.MarketBeat
- Chilean Retailer Falabella Aims to Close Several Major Asset Sales This Year [Yahoo! Finance]Yahoo! Finance
- Chilean Retailer Falabella Aims to Close Several Major Asset Sales This Year [BNN Bloomberg (Canada)]BNN Bloomberg
- MercadoLibre, Inc. (NASDAQ: MELI) was upgraded by analysts at DZ Bank AG from a "hold" rating to a "buy" rating. They now have a $1,685.00 price target on the stock.MarketBeat
MELI
Earnings
- 2/22/24 - Miss
MELI
Sec Filings
- 4/23/24 - Form 8-K
- 2/23/24 - Form 10-K
- 2/22/24 - Form 8-K
- MELI's page on the SEC website