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MercadoLibre Dominates Latin American E-commerce and Fintech Markets

The Motley Fool ·

MELI MercadoLibre Inc
$1856.66 -0.86%
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  1. 1MercadoLibre recorded a 36% GMV growth rate in constant currency last quarter.
  2. 2MercadoLibre recently moved to introduce its own credit card.
  3. 3MercadoLibre's operating margin was 6.7% last quarter.

So what's the key point?

MercadoLibre's sales volume grew by 36%. The company is also working on creating its own credit card.

Source The Motley Fool · View original ↗

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