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Stock impact report

Mercado Libre, Uniko partner to capture Latin America's USD$12B gift registry industry from traditional retailers

MercadoLibre, Inc (MELI)  More Company Research Source: PR Newswire
Last mercadolibre, inc earnings: 2/10 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.mercadolibre.com/investor-relations
PDF MEXICO CITY, Aug. 27, 2019 /PRNewswire/ -- Uniko and Mercado Libre (NASDAQ: MELI) have partnered to transform wedding gift registries, starting in Mexico, with the Mercado Libre powered by Uniko platform. Founded in Mexico City, Mexico, in 2015 Uniko is a technology company that provides newlyweds an easy-to-use online tool to register for gifts, experiences and cash. Through its partnership with Mercado Libre, Latin America's largest e-commerce platform, Uniko now also enables its customers to buy goods sold via Mercado Libre, using its secure-payment system Mercado Pago. Statistics say guests are more interested in buying gifts online, rather than department stores, and prefer to have the flexibility to choose products from a variety of vendors. Uniko found more than 60% of newlyweds would exchange gifts received for alternative goods, while at least 10% of all wedding gifts in the U.S. go to waste because they do not satisfy couples' wants or needs. Mercado Libre powered by Uniko s [Read more]
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