MELI

MercadoLibre, Inc. Reports Fourth Quarter 2023 Financial Results

Retrieved on: 
Thursday, February 22, 2024

MONTEVIDEO, Uruguay; February 22, 2024; (GLOBE NEWSWIRE) -- MercadoLibre, Inc. (Nasdaq: MELI) (http://www.mercadolibre.com) today reported financial results for the quarter ended December 31, 2023, in a Letter to Shareholders, which is now posted to the company’s Investor Relations website https://investor.mercadolibre.com.

Key Points: 
  • MONTEVIDEO, Uruguay; February 22, 2024; (GLOBE NEWSWIRE) -- MercadoLibre, Inc. (Nasdaq: MELI) ( http://www.mercadolibre.com ) today reported financial results for the quarter ended December 31, 2023, in a Letter to Shareholders, which is now posted to the company’s Investor Relations website https://investor.mercadolibre.com .
  • The Company will host its earnings video conference, as well as a conference call and audio webcast for any questions that investors may have, on February 22, at 5:00 p.m. Eastern Time.
  • Access to our video webcast and the live audio will be available in the investor relations section of the Company's website, at http://investor.mercadolibre.com .
  • An archive of the webcast will be available for one week following the conclusion of the conference call.

MercadoLibre, Inc. to Report Fourth Quarter 2023 Financial Results

Retrieved on: 
Monday, February 19, 2024

Montevideo, Feb. 19, 2024 (GLOBE NEWSWIRE) -- MercadoLibre, Inc. (Nasdaq: MELI) ( http://www.mercadolibre.com ) announces that it intends to release financial results for its fourth fiscal quarter ending December 31, 2023, on February 22, 2024.

Key Points: 
  • Montevideo, Feb. 19, 2024 (GLOBE NEWSWIRE) -- MercadoLibre, Inc. (Nasdaq: MELI) ( http://www.mercadolibre.com ) announces that it intends to release financial results for its fourth fiscal quarter ending December 31, 2023, on February 22, 2024.
  • The Company will host its earnings results video conference, as well as a conference call and audio webcast, on February 22, at 5:00 p.m. Eastern Time.
  • Access to our video webcast and the live audio will be available in the investor relations section of the Company's website, at http://investor.mercadolibre.com .
  • An archive of the webcast will be available for one week following the conclusion of the conference call.

Pachama Increases Series B to $64 Million with $9 Million Extension Led by Lowercarbon Capital, T.Capital, and Positive Ventures

Retrieved on: 
Tuesday, December 5, 2023

The extension brings Pachama’s Series B total to $64 million and was participated in by new investor T.Capital , the corporate venture capital arm of Deutsche Telekom (majority owners of T-Mobile US), alongside existing investors Lowercarbon Capital and Positive Ventures.

Key Points: 
  • The extension brings Pachama’s Series B total to $64 million and was participated in by new investor T.Capital , the corporate venture capital arm of Deutsche Telekom (majority owners of T-Mobile US), alongside existing investors Lowercarbon Capital and Positive Ventures.
  • Pachama has now raised $88 million in cumulative funding from the aforementioned investors in addition to Future Positive, Breakthrough Energy Ventures, Amazon’s Climate Pledge Fund, Serena Williams, Ellen DeGeneres, and Laura Dern, among others.
  • Having led Salesforce’s philanthropic efforts, Beckwith’s experience and counsel will be invaluable as Pachama continues to lead in the climate tech sector.
  • “Pachama has put together a world class team focused on delivering consistently high impact results,” said Pachama board member Ebony Beckwith.

MercadoLibre, Inc. Reports Third Quarter 2023 Financial Results

Retrieved on: 
Wednesday, November 1, 2023

MONTEVIDEO, Uruguay, Nov. 01, 2023 (GLOBE NEWSWIRE) -- MercadoLibre, Inc. (Nasdaq: MELI) ( http://www.mercadolibre.com ), Latin America’s leading e-commerce and technology company, today reported financial results for the quarter ended September 30th, 2023, in a letter to shareholders, which is now posted to the Investor Relations section of MercadoLibre’s website .

Key Points: 
  • MONTEVIDEO, Uruguay, Nov. 01, 2023 (GLOBE NEWSWIRE) -- MercadoLibre, Inc. (Nasdaq: MELI) ( http://www.mercadolibre.com ), Latin America’s leading e-commerce and technology company, today reported financial results for the quarter ended September 30th, 2023, in a letter to shareholders, which is now posted to the Investor Relations section of MercadoLibre’s website .
  • The Company will host its earnings results video conference, as well as a conference call and audio webcast for any questions that investors may have on November 1st, at 5:00 p.m. Eastern Time.
  • Access to our video webcast and the live audio will be available in the investor relations section of the Company's website, at http://investor.mercadolibre.com .
  • An archive of the webcast will be available for one week following the conclusion of the conference call.

MercadoLibre, Inc. to Report Third Quarter 2023 Financial Results

Retrieved on: 
Thursday, October 26, 2023

MONTEVIDEO, Uruguay, Oct. 25, 2023 (GLOBE NEWSWIRE) -- MercadoLibre, Inc. (Nasdaq: MELI) ( http://www.mercadolibre.com ), Latin America’s leading e-commerce and technology company, intends to release financial results for its third fiscal quarter ended September 30th, 2023, on November 1st, 2023.

Key Points: 
  • MONTEVIDEO, Uruguay, Oct. 25, 2023 (GLOBE NEWSWIRE) -- MercadoLibre, Inc. (Nasdaq: MELI) ( http://www.mercadolibre.com ), Latin America’s leading e-commerce and technology company, intends to release financial results for its third fiscal quarter ended September 30th, 2023, on November 1st, 2023.
  • The Company will host its earnings results video conference, as well as a conference call and audio webcast on November 1st, at 5:00 p.m. Eastern Time.
  • Access to our video webcast and the live audio will be available in the investor relations section of the Company's website, at http://investor.mercadolibre.com .
  • An archive of the webcast will be available for one week following the conclusion of the conference call.

MercadoLibre Announces Convertible Note Redemption

Retrieved on: 
Tuesday, September 19, 2023

Each $1,000 principal amount of notes is convertible into 2.2952 shares of MercadoLibre common stock.

Key Points: 
  • Each $1,000 principal amount of notes is convertible into 2.2952 shares of MercadoLibre common stock.
  • The redemption price to be paid for any notes that are not converted will be 100% of the redeemed notes’ principal amount plus accrued and unpaid interest up to, but excluding, the redemption date.
  • Martín de los Santos, Chief Financial Officer of MercadoLibre noted, “Retirement of the remaining notes will save MercadoLibre approximately $44 million in interest expense that would have been payable had the notes remained outstanding to maturity.”
    This press release is not a notice of redemption.
  • The redemption will be made solely pursuant to the redemption notice.

Managing Director, Equity Research, Scott Devitt Initiates Coverage on Eight Names in the E-commerce and Advertising Sectors: AMZN, MELI, SE, SHOP, GOOGL, META, PINS and TRIP

Retrieved on: 
Monday, August 21, 2023

Wedbush Securities , one of the nation’s leading independent diversified financial services providers, is pleased to announce Managing Director, Scott Devitt’s second launch of coverage.

Key Points: 
  • Wedbush Securities , one of the nation’s leading independent diversified financial services providers, is pleased to announce Managing Director, Scott Devitt’s second launch of coverage.
  • This subsequent stage of Scott's coverage launch enhances the breadth of TMT research within Wedbush's esteemed Equity Research team, reinforcing the firm’s commitment to providing comprehensive insights and analysis.
  • Managing Director, Head of Equity Research, Kevin Merritt adds, “Scott's insights have been instrumental in our team's growth.
  • With his expanded coverage, we are poised to offer crucial direction for navigating the evolving e-commerce and advertising landscapes."

MercadoLibre, Inc. Reports Second Quarter 2023 Financial Results

Retrieved on: 
Wednesday, August 2, 2023

MONTEVIDEO, Uruguay, Aug. 02, 2023 (GLOBE NEWSWIRE) -- MercadoLibre, Inc. (Nasdaq: MELI) (http://www.mercadolibre.com), Latin America’s leading e-commerce and technology company, today reported financial results for the quarter ended June 30th, 2023, in a letter to shareholders, which is now posted to the Investor Relations section of MercadoLibre’s website .

Key Points: 
  • MONTEVIDEO, Uruguay, Aug. 02, 2023 (GLOBE NEWSWIRE) -- MercadoLibre, Inc. (Nasdaq: MELI) (http://www.mercadolibre.com), Latin America’s leading e-commerce and technology company, today reported financial results for the quarter ended June 30th, 2023, in a letter to shareholders, which is now posted to the Investor Relations section of MercadoLibre’s website .
  • The Company will host its earnings results video conference, as well as a conference call and audio webcast for any questions that investors may have on August 2nd, at 5:00 p.m. Eastern Time.
  • Access to our video webcast and the live audio will be available in the investor relations section of the Company's website, at http://investor.mercadolibre.com .
  • An archive of the webcast will be available for one week following the conclusion of the conference call.

MercadoLibre, Inc. to Report Second Quarter 2023 Financial Results

Retrieved on: 
Wednesday, July 26, 2023

MONTEVIDEO, Uruguay, July 26, 2023 (GLOBE NEWSWIRE) -- MercadoLibre, Inc. (Nasdaq: MELI) (http://www.mercadolibre.com) intends to release financial results for its second fiscal quarter ended June 30th, 2023, on August 2nd, 2023.

Key Points: 
  • MONTEVIDEO, Uruguay, July 26, 2023 (GLOBE NEWSWIRE) -- MercadoLibre, Inc. (Nasdaq: MELI) (http://www.mercadolibre.com) intends to release financial results for its second fiscal quarter ended June 30th, 2023, on August 2nd, 2023.
  • The Company will host its earnings results video conference, as well as a conference call and audio webcast on August 2nd, at 5:00 p.m. Eastern Time.
  • Access to our video webcast and the live audio will be available in the investor relations section of the Company's website, at http://investor.mercadolibre.com .
  • An archive of the webcast will be available for one week following the conclusion of the conference call.

MercadoLibre, Inc. First Quarter 2023 Letter to Shareholders

Retrieved on: 
Wednesday, May 3, 2023

MONTEVIDEO, Uruguay, May 03, 2023 (GLOBE NEWSWIRE) -- MercadoLibre, Inc. (Nasdaq: MELI) (http://www.mercadolibre.com), Latin America’s leading e-commerce technology company, today reported financial results for the quarter ended March  31, 2023.

Key Points: 
  • Our three largest geographic segments - Brazil, Mexico and Argentina - all delivered faster growth in items sold and FX-neutral GMV when compared to the prior quarter.
  • Growth was broad-based across most categories, and the acceleration was driven primarily by higher growth of items sold.
  • After a good start to 2023, we remain focused on continuing to execute well through the rest of the year.
  • The business has good momentum as we look to the remainder of 2023, and further ahead.