MercadoLibre Inc

MELI: XNAS (USA)
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MercadoLibre Earnings: Rapid Revenue Growth but Ongoing Cost Pressure From Aggressive Investments

MercadoLibre reported mixed third-quarter results as impressive revenue growth was offset by ongoing margin pressure from the firm's aggressive investment strategy. Net revenue increased 45% from last year, or 41% on a constant-currency basis, while net income increased only 6.4% to $448 million.

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