News of shares

Markets react negatively to change of economy minister

04-07-2022 17:30 The peso depreciated sharply against the dollar in the informal market on Monday as investors reacted to the appointment of Silvina Batakis as economy minister.

Bloomberg

Lithium stocks shaken by Argentina’s pricing decision

01-06-2022 20:52 Shares of lithium producers plunge after Argentina moves to put an end to alleged improper pricing practices by exporters, affecting confidence across the sector.

Bloomberg

MercadoLibre SPAC has 30 Latin America tech firms in its sights

02-10-2021 08:03 E-commerce giant's firm with venture capital firm Kaszek is just getting off the ground. Already, the e-commerce giant’s executives are mulling more partnerships in the region.

Bloomberg

MercadoLibre plans to double workforce with 16,000 new jobs

06-04-2021 14:26 Latin American e-commerce powerhouse will double its workforce across the region to handle the surge in online purchases, according to company staff.

Bloomberg

MercadoLibre to invest record US$1.8 billion in Brazil

01-03-2021 22:01 Latin American e-commerce powerhouse MercadoLibre Inc. is more than doubling its Brazilian investment this year, planning to deploy in 2021 the same amount it spent in the past four years combined.

E-commerce

MercadoLibre eyes more cross-border shipping in land of red tape

24-08-2020 07:00 Already Latin America’s biggest company by market value, e-commerce giant is embarking on a new strategy to look across borders and boost international sales.

E-commerce boom

Pandemic proves beneficial for Mercado Libre as profits soar

17-08-2020 15:44 Mercado Libre doubled its sales (volume and invoicing alike) during the second quarter this year as the coronavirus pandemic arrived, sending profits soaring and pushing the Argentine firm's valuation up to around US$55 billion.