MercadoLibre Inc

MELI: XNAS (USA)
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MercadoLibre Earnings: Commerce and Fintech Platform Prowess Strengthening Despite Macro Concerns

MercadoLibre's first-quarter net revenue and financial income rose 37% (64% in constant currency), led by a 125% increase in Argentina (184%). Income from operations grew 45% despite prudent investments in logistics and financial services to expand its core online merchandising network advantage.

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