Goldman Sachs, Citigroup Boost Lending to Latin America Startups [Business News Network (BNN) (Canada)]
MercadoLibre, Inc. (MELI)
Last mercadolibre, inc. earnings: 2/10 04:01 pm
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investor.mercadolibre.com/investor-relations
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Source: Business News Network
Small startups such as Brazilian fintech Agi, known previously as Banco Agibank SA, and Chile's Xepelin Holdings SA, as well as bigger firms such as digital retailer MercadoLibre Inc. are among those receiving financing. More than $2.3 billion in loans have been made since November, with banks such as Morgan Stanley and JPMorgan Chase & Co. also participating, according to public data compiled by Bloomberg. Many transactions have been kept private. “We're not here just to take them public,” said Eduardo Cruz, Citigroup's head of banking, capital markets and advisory for Latin America. “Because of our services and capabilities and our presence in so many countries, we actually can help these companies expand beyond their local markets.” Latin America startups, which boomed in recent years with huge initial public offerings and record venture-capital investments, are suddenly facing a reckoning as rising interest rates around the world depress valuations and increase the cost of fu
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MELI
News
- MercadoLibre (MELI) Stock Moves -0.45%: What You Should Know [Yahoo! Finance]Yahoo! Finance
- Up 6,326% Since IPO, Is It Too Late to Buy MercadoLibre (NASDAQ:MELI) Stock? [Yahoo! Finance]Yahoo! Finance
- 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
MELI
Earnings
- 2/22/24 - Miss
MELI
Sec Filings
- 4/25/24 - Form DEFA14A
- 4/25/24 - Form DEF
- 4/23/24 - Form 8-K
- MELI's page on the SEC website