MercadoLibre’s fourth quarter results showed double-digit growth in unique active buyers and items sold across the company’s marketplace, along with momentum in its credit card business. The most recent earnings supplementals, released after the markets closed on Thursday (Feb. 20), detailed that during the fourth...
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, which noted that MercadoLibre — which has its roots in the eCommerce world — is increasingly seeking the same turf...
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 in-app purchases. The regulator will also proceed with an investigation into a complaint brought two years ago by Latin American eCommerce giant MercadoLibre,...
Earnings, earnings everywhere — and for connected economy stocks in the CE 100 Index, roaring ahead almost in lockstep, the week was a good one. Indeed, two sectors of the CE 100 — the Live segment and the Pay and Be Paid pillar — surged...
February 24, 2025
The CE100 Index’s slide far outpaced the drops seen this past holiday-shortened trading week across the broader markets. Earnings weighed on stock trading, as all pillars lost ground and the overall Index slipped by 4.3%. Fiverr shares plummeted 23%, leading the Work segment of the CE100 Index down by more than 5.4% This past week, […]
November 11, 2024
Earnings, earnings everywhere — and for connected economy stocks in the CE 100 Index, roaring ahead almost in lockstep, the week was a good one. Indeed, two sectors of the...
June 10, 2024
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%, driving the Work segment 2%...
November 27, 2023
The CE 100 Index gained 1.1% in a trading week shortened by the Thanksgiving holiday. Only one pillar lost ground — the Work segment, which sank 1.5% through the week....
December 10, 2024
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, which noted that MercadoLibre — which has its roots in the eCommerce world — is increasingly seeking the same turf as Nubank. According to the report, the leaders of these […]
November 26, 2024
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 in-app purchases. The regulator will...
September 25, 2024
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 regulator, the National Banking and Securities...
August 26, 2024
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. In its legal complaint filed...
