MercadoLibre

MercadoLibre and Nubank Get More Aggressive in LatAm Digital Banking Race
MercadoLibre and Nubank Get More Aggressive in LatAm Digital Banking Race
December 10, 2024  |  Latin America

Who will become Latin America’s dominant digital banking force, MercadoLibre or Nubank? It’s a question posed Tuesday (Dec. 10) in a report by Bloomberg News,...

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Apple Ordered to Lift In-App Purchase Restrictions in Brazil
Apple Ordered to Lift In-App Purchase Restrictions in Brazil
November 26, 2024  |  ANTITRUST

Yet another antitrust regulator has taken issue with Apple’s in-app payment system. As Reuters reported Monday (Nov. 25), Brazil’s Cade says Apple must do away with restrictions on payment methods for...

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Sezzle Doubles After Earnings and Leads CE 100 Index 6.3% Higher
Sezzle Doubles After Earnings and Leads CE 100 Index 6.3% Higher
November 11, 2024  |  Connected Economy

Earnings, earnings everywhere — and for connected economy stocks in the CE 100 Index, roaring ahead almost in lockstep, the week was a good one....

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MercadoLibre Q3: Credit Growth and Fulfillment Fuel Top Line, but Margin Pressure Hits Shares
MercadoLibre Q3: Credit Growth and Fulfillment Fuel Top Line, but Margin Pressure Hits Shares
November 06, 2024  |  Earnings

MercadoLibre’s most recent results show double-digit growth in key metrics such as gross merchandise volume (GMV), items sold and in its credit portfolio. And users...

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Mercado Pago Applies for Banking License in Mexico
Mercado Pago Applies for Banking License in Mexico
September 25, 2024  |  Digital-First Banking

Mercado Pago, the FinTech arm of MercadoLibre, reportedly applied for a banking license in Mexico earlier this month. The firm sent the application to the Mexican...

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MercadoLibre Targets Banks in Complaint With Argentina’s Competition Regulator
MercadoLibre Targets Banks in Complaint With Argentina’s Competition Regulator
August 26, 2024  |  Mobile Wallets

MercadoLibre has filed a complaint with Argentina’s competition regulator, alleging that Argentine banks are using an anti-competitive tactic against the company’s FinTech arm, Mercado Pago....

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MercadoLibre Drives Argentina’s Surge in Digital Tipping
MercadoLibre Drives Argentina’s Surge in Digital Tipping
August 11, 2024  |  Digital Payments

Cash has long been king at Argentina’s bars and restaurants. Its reign may be ending. As Bloomberg News reported Saturday (Aug. 10), card tipping had...

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CE 100 Index Inches Up 0.6% as CrowdStrike Leads ‘Work’ Segment
CE 100 Index Inches Up 0.6% as CrowdStrike Leads ‘Work’ Segment
June 10, 2024  |  Connected Economy

The CE 100 Index gained 0.6% in a week that saw some continued post-earnings-report momentum and investor enthusiasm for AI-related names. CrowdStrike shares rallied 11.3%,...

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MercadoLibre Joins Discussions to Apply for Mexican Banking License
MercadoLibre Joins Discussions to Apply for Mexican Banking License
May 21, 2024  |  Banking

MercadoLibre is reportedly in talks to get a banking license in Mexico. The Latin American eCommerce/FinTech is in discussions with Mexico’s central bank, finance ministry and banking regulators...

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