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 |
Mercado Coin will allow the company’s 80 million users to make purchases and receive cashback.
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.
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.