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MercadoLibre, Inc. (MELI)
After hours:
Chart Events
Performance Outlook
| Previous Close | 997.90 |
| Open | 995.00 |
| Bid | 0.00 x 800 |
| Ask | 0.00 x 900 |
| Day's Range | 975.46 - 995.00 |
| 52 Week Range | 600.68 - 1,970.13 |
| Volume | |
| Avg. Volume | 665,175 |
| Market Cap | 49.207B |
| Beta (5Y Monthly) | 1.61 |
| PE Ratio (TTM) | 619.47 |
| EPS (TTM) | 4.46 |
| Earnings Date | Nov 02, 2022 - Nov 07, 2022 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | Dec 28, 2017 |
| 1y Target Est | 1,332.30 |
- CoinDesk
E-Commerce Giant Mercado Libre Introduces Cryptocurrency in Brazil, Plans Wider Latin America Use
Mercado Coin will allow the company’s 80 million users to make purchases and receive cashback.
- Reuters
UPDATE 2-MercadoLibre to create cryptocurrency as part of loyalty program
South American e-commerce giant MercadoLibre Inc on Thursday announced the creation of a new cryptocurrency called MercadoCoin, which will be implemented in Brazil as part of its loyalty program. MercadoLibre told a news conference that clients will earn MercadoCoins as cashback when buying products on the e-commerce platform. They will then be able to use the digital currency, which follows Ethereum's ERC-20 token standard, for fresh purchases or trade it on the company's financial services unit MercadoPago.
- Reuters
MercadoLibre to create cryptocurrency as part of loyalty program
SAO PAULO (Reuters) -South American e-commerce giant MercadoLibre Inc on Thursday announced the creation of a new cryptocurrency called MercadoCoin, which will be implemented in Brazil as part of its loyalty program. MercadoLibre told a news conference that clients will earn MercadoCoins as cashback when buying products on the e-commerce platform. They will then be able to use the digital currency, which follows Ethereum's ERC-20 token standard, for fresh purchases or trade it on the company's financial services unit MercadoPago.
