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Stock impact report

Latam e-commerce giant MercadoLibre beats quarterly revenue expectations [Reuters]

MercadoLibre, Inc. (MELI) 
Last mercadolibre, inc. earnings: 2/10 04:01 pm Check Earnings Report
Company Research Source: Reuters
Latam e-commerce giant MercadoLibre beats quarterly revenue expectations By Reuters Staff 1 Min Read March 1 (Reuters) - Argentine e-commerce giant MercadoLibre Inc on Monday reported a record quarterly revenue which beat estimates, driven by a dramatic surge in online shopping and digital payments during the COVID-19 pandemic. Revenue rose to $1.33 billion in the fourth quarter ended Dec. 31 from $674.3 million a year earlier. Analysts on average were expecting revenue of $1.22 billion, according to IBES data from Refintiv. (Reporting by Chavi Mehta in Bengaluru; Editing by Amy Caren Daniel) Show less Read more
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