493.90 0.00 (0.00%)
After hours: 4:32PM EDT
|Bid||478.00 x 800|
|Ask||500.50 x 1100|
|Day's Range||490.58 - 501.17|
|52 Week Range||257.52 - 514.90|
|Beta (3Y Monthly)||2.13|
|PE Ratio (TTM)||N/A|
|Earnings Date||May 7, 2019 - May 13, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||432.47|
MercadoLibre Inc NASDAQ/NGS:MELIView full report here! Summary * Bearish sentiment is low * Economic output in this company's sector is contracting Bearish sentimentShort interest | PositiveShort interest is low for MELI with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold MELI had net inflows of $650 million over the last one-month. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managersâ€™ Index (PMI) data, output in the Basic Materialsis falling. The rate of decline is significant relative to the trend shown over the past year. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Amazon Is Capitalizing on These Key Advantages(Continued from Prior Part)Mobile payment service for Mexico Amazon (AMZN) has teamed up with Mexico’s central bank to launch a new mobile payment service in the country, according to a report from
Inc. of Latin America, but first it will need to keep the e-commerce giant at bay. The Buenos Aires-based company is investing heavily in logistics and payments infrastructure to deliver packages quickly and reliably in a growing e-commerce market where many customers lack bank accounts or credit cards, and have yet to be convinced that online transactions can be secure. Expenses linked to running the business have more than doubled for MercadoLibre since 2016, reaching $1.51 billion in 2018, according to regulatory filings.
All You Need to Know ahead of PayPal’s Q1 Results(Continued from Prior Part)MercadoLibre is raising funds for expansion PayPal (PYPL) announced on March 11 that it would invest $750 million in the purchase of an equity stake in MercadoLibre (MELI).
Latin American e-commerce venture, MercadoLibre, has announced a cryptocurrency-related listings ban on its platform. In an email sent to vendors, it says that it is also cracking down on pre-paid cards used for games. This will come into effect on 19th March. It hasn’t revealed why it is going down this route, but it should be noted that the venture recently received a $750 million investment from PayPal. “Over the past 20 years, we have heavily invested in developing the preeminent e-commerce and FinTech ecosystem in Latin America,” said Marcos Galperin, CEO of Mercado Libre. “This investment will allow us to significantly accelerate our growth. We look forward to accelerating our leadership in e-commerce and payments and foster financial inclusion in Latin America as The post MercadoLibre green lights crypto ban following PayPal investment appeared first on Coin Rivet.
BUENOS AIRES, March 15, 2019 -- MercadoLibre, Inc. (NASDAQ: MELI), Latin America’s leading e-commerce technology company, today announced the closing of its previously.
All You Need to Know ahead of PayPal’s Q1 Results(Continued from Prior Part)PayPal-SoftBank showdown in Latin AmericaThere’s no end in sight to what now looks to be a clear tit-for-tat between PayPal (PYPL) and SoftBank (SFTBF), the parent
All You Need to Know ahead of PayPal’s Q1 ResultsPayPal expects continued growthPayPal (PYPL) is expected to report its first-quarter earnings results next month. In January, PayPal issued a performance outlook that showed it was expecting
The fintech industry is booming in Latin America, and one analyst sees a winner in Mercadolibre Inc (NASDAQ: MELI ). The Rating BTIG analyst Marvin Fong maintained a Buy rating on MercadoLibre and raised ...
Amazon (AMZN) is facing stiff competition in the e-commerce market due to initiatives by major retailers including Walmart, Costco and Target.
BUENOS AIRES, Argentina, March 13, 2019 -- MercadoLibre, Inc. (NASDAQ: MELI), Latin America’s leading e-commerce technology company, today announced the pricing of an.
The pricing guidance comes before the company is expected to officially price the sale overnight Tuesday. The indicated offering price, which represents a 0.72 percent discount to Tuesday’s closing price, is according to two people who asked not to be named because the results aren’t yet public. The company said Monday evening it planned to raise $1.85 billion through a public share offering and direct investments from companies including PayPal Holdings Inc.
The Latin American e-commerce leader gets a huge vote of confidence from the payments giant -- and the two have a surprising connection.
PayPal Holdings has taken a stake in MercadoLibre as part of the e-commerce firm’s $1.8 billion equity offering. MercadoLibre stock fell after the news on Tuesday while PayPal stock rose.
It's not only SoftBank that's eyeing up the opportunity to tap into thequickly expanding market for e-commerce in Latin America
MercadoLibre, Inc. (MELI), Latin America’s leading e-commerce technology company, today announced that it intends to offer approximately US$1 billion of common stock. MercadoLibre also intends to grant the underwriters a 30-day option to purchase up to $150 million of additional shares of common stock. In addition, MercadoLibre has entered into an agreement pursuant to which PayPal has committed to make a $750 million strategic investment through the purchase of common stock.