E-commerce giant Mercado Libre will invest $3.6 billion in Brazil, with its fintech unit as one of the major growth drivers in Latin America.
Mercado Libre booked $359 million in profits from $129 million a year ago, driven by strong e-commerce in Mexico and growing fintech products.
We have seen many companies in fintech branch out into adjacent areas of finance as they add product lines to...
Mercado Libre booked $262 million in profits, up 113% year over year amid strong e-commerce tailwinds and a growing fintech business.
Mercado Libre launched Mercado Coin, its first-ever token that will be initially available in Brazil as part of its loyalty program.
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