LatinAmerica

MercadoLibre's Profit Decline Due to Expanding Credit Portfolio

2 months ago

MercadoLibre, the leading e-commerce platform in Latin America, has recently reported a noticeable drop in its profits, a situation attributed largely to its expanding credit offerings. The company, which has seen tremendous growth in its online marketplace and payment services, is now facing financial strain as it increases provisions for bad debts linked to its credit portfolio.

MercadoLibre Achieves Record Sales in Argentina Amidst Economic Recovery

2 months ago

MercadoLibre Inc., the leading e-commerce platform in Latin America, reported unprecedented sales figures for the third quarter in Argentina, showcasing a significant rebound in consumer spending. This surge in sales can be attributed to a combination of factors, including a recovering economy and a shift in consumer behavior toward online shopping.

Thoma Bravo Hunting for Potential Latin American Software Deals

3 months ago

Thoma Bravo-one of the world's largest private equity firms focused on software and technology sectors-is setting its investment sight anew on Latin America. The firm is seeking potential deals in the burgeoning Latin American software market, a latitude that directly speaks to the recent influence of Latin America within the tech industry.