MercadoLibre

MercadoLibre, Inc. to Report Third Quarter 2022 Financial Results

Retrieved on: 
Wednesday, October 26, 2022

MONTEVIDEO, Uruguay, Oct. 26, 2022 (GLOBE NEWSWIRE) -- MercadoLibre, Inc. (Nasdaq: MELI) (http://www.mercadolibre.com) intends to release financial results for its third fiscal quarter ended September 30th, 2022, on November 3rd, 2022.

Key Points: 
  • MONTEVIDEO, Uruguay, Oct. 26, 2022 (GLOBE NEWSWIRE) -- MercadoLibre, Inc. (Nasdaq: MELI) (http://www.mercadolibre.com) intends to release financial results for its third fiscal quarter ended September 30th, 2022, on November 3rd, 2022.
  • The Company will host its earnings results video conference, as well as a conference call and audio webcast on November 3rd, at 5:00 p.m. Eastern Time.
  • Access to our video webcast and the live audio will be available in the investor relations section of the Company's website, at http://investor.mercadolibre.com .
  • Based on unique visitors and page views we are market leaders in each of the major countries where we are present.

Pachama Launches “Originals” to Allow Companies to Invest in Creating New Forests to Remove Carbon Powered by High-Tech

Retrieved on: 
Monday, October 24, 2022

Amidst growing criticism of forest carbon projects, Pachama is expanding its scope to apply its advanced technology earlier in the process.

Key Points: 
  • Amidst growing criticism of forest carbon projects, Pachama is expanding its scope to apply its advanced technology earlier in the process.
  • Pachama is now looking for corporate partners for its high-quality Pachama Originals projects, particularly those interested in derisking climate investment using tech-enabled insights.
  • Through the Pachama Marketplace, responsible companies can confidently invest in high-quality forest conservation projects verified by Pachamas rigorous evaluation process.
  • Pachama Originals are a portfolio of technology-enabled reforestation and forest conservation projects developed by Pachama.

The Brazilian B2C Ecommerce Gross Merchandise Value is Expected to Reach $95 Billion by 2026

Retrieved on: 
Tuesday, October 25, 2022

The B2C Ecommerce is expected to grow steadily over the forecast period, recording a CAGR of 16.30% during 2022-2026.

Key Points: 
  • The B2C Ecommerce is expected to grow steadily over the forecast period, recording a CAGR of 16.30% during 2022-2026.
  • The country's B2C Ecommerce Gross Merchandise Value will increase from US$43.3 billion in 2021 to reach US$95.0 billion by 2026.
  • This indicates that there is still room for extended growth in the Brazilian B2C e-commerce industry.
  • Due to the hyper-growth scenario, the Brazilian B2C e-commerce industry has become a battleground for global and local players, with growing market competition.

Victory Park Capital Announces $100 Million Credit Facility for Consumer Payments Platform Nelo

Retrieved on: 
Wednesday, October 19, 2022

Victory Park Capital (VPC), a leading global alternative investment firm specializing in private credit, today announced it has provided a $100 million credit facility to Nelo, a consumer payments platform for online purchases in Mexico.

Key Points: 
  • Victory Park Capital (VPC), a leading global alternative investment firm specializing in private credit, today announced it has provided a $100 million credit facility to Nelo, a consumer payments platform for online purchases in Mexico.
  • The platform has powered more than 3M purchases to-date and the company employs 36 people, representing citizenship of eight different countries.
  • Through its app-first strategy, Nelo has successfully differentiated itself from competitors and we believe the company is well-positioned for growth, said Jason Brown, Partner at Victory Park Capital.
  • Victory Park Capital is a global alternative investment firm that provides capital to emerging and established businesses in the U.S. and abroad.

The Mexican B2C Ecommerce Industry Gross Merchandise Value is Expected to Reach $99.7 Billion by 2026

Retrieved on: 
Thursday, October 20, 2022

According to the Q2 2022 B2C Ecommerce Survey, the market in Mexico is expected to grow by 18.86% on annual basis to reach US$54.7 billion in 2022.

Key Points: 
  • According to the Q2 2022 B2C Ecommerce Survey, the market in Mexico is expected to grow by 18.86% on annual basis to reach US$54.7 billion in 2022.
  • The country's B2C Ecommerce Gross Merchandise Value will increase from US$46.0 billion in 2021 to reach US$99.7 billion by 2026.
  • Understand market dynamics through essential KPIs such as Gross Merchandise Value, Volume, and Average Value Per Transaction.
  • Develop Market Specific Strategies: Identify growth segments and target specific opportunities to formulate a B2C ecommerce strategy; assess market-specific key trends, drivers, and risks in the B2C ecommerce industry.

OANDA Launches Crypto Trading Service in the US

Retrieved on: 
Thursday, October 20, 2022

The new offering allows US-based investors to spot trade cryptocurrencies on Paxos's itBit exchange through the OANDA mobile platform.

Key Points: 
  • The new offering allows US-based investors to spot trade cryptocurrencies on Paxos's itBit exchange through the OANDA mobile platform.
  • The benefits of trading cryptocurrencies through OANDA are:
    Peace of Mind - OANDA has years of experience and an unparalleled record in offering trading in forex and other derivative instruments around the world.
  • For more information on trading crypto currencies with OANDA visit: https://www.oanda.com/us-en/trading/cryptocurrencies/
    OANDA is also unveiling a new brand identity this week, reflecting the company's evolution and emphasis on enabling smarter trading for its clients.
  • Today, the OANDA group, which includes OANDA Corporation and other subsidiaries of OANDA Global Corporation, provides online multi-asset trading, currency data and analytics to retail and corporate clients around the globe, demonstrating an unrivaled expertise in foreign exchange.

Paxos Settlement Service Nears $50 Billion in Settlement Volume Since Launch of Commodities Hub

Retrieved on: 
Thursday, October 13, 2022

The Paxos Settlement Service for Commodities streamlines the settlement process to handle all complexity for market participants across gold, silver, platinum and palladium.

Key Points: 
  • The Paxos Settlement Service for Commodities streamlines the settlement process to handle all complexity for market participants across gold, silver, platinum and palladium.
  • The Paxos Settlement Hub delivers efficient, cost-effective, safer settlement with full transparency on the movement of both metals and cash in a single user interface.
  • The Paxos Settlement Hub is now an all-encompassing network that, in addition to streamlined settlement, offers the options of simultaneous settlement with other Paxos Settlement customers.
  • The Paxos Settlement Hub for Commodities is the first platform to connect the metals and cash settlement networks.

2022 Mexico B2C Ecommerce Market Opportunities Databook - Featuring Amazon, Hot Sale, Mercado Libre and Walmart Among Others - ResearchAndMarkets.com

Retrieved on: 
Tuesday, October 11, 2022

This report provides a detailed data-centric analysis of B2C ecommerce market dynamics, covering over 100 KPIs in Mexico.

Key Points: 
  • This report provides a detailed data-centric analysis of B2C ecommerce market dynamics, covering over 100 KPIs in Mexico.
  • In-depth Understanding of B2C Ecommerce Market Dynamics: Understand market opportunities and key trends along with forecast (2017-2026).
  • Insights into Opportunity by B2C Ecommerce Categories: Get market dynamics by sales channel to assess emerging opportunities across various segments.
  • Develop Market Specific Strategies: Identify growth segments and target specific opportunities to formulate a B2C ecommerce strategy; assess market-specific key trends, drivers, and risks in the B2C ecommerce industry.

EDX Markets Partners with Paxos for Digital Asset Custody Services on New Exchange

Retrieved on: 
Wednesday, October 5, 2022

With Paxos support, EDXM will offer the most trusted, efficient and liquid cryptocurrency exchange on the market.

Key Points: 
  • With Paxos support, EDXM will offer the most trusted, efficient and liquid cryptocurrency exchange on the market.
  • The partnership also brings value to Paxos customers as EDXM will be a new source of institutional liquidity.
  • Paxos is SOC II Type 2 certified and upholds the highest standards of custody security, risk management and compliance.
  • EDX Markets (EDXM) is a new platform for trading cryptocurrencies that combines proven technology with the best of traditional financial markets.

Cart.com Launches Cart Channels™ Enabling Brands to Unify Feed Marketing and Marketplace Management, Increase Sales and Simplify Operations

Retrieved on: 
Tuesday, October 4, 2022

A first-of-its-kind solution, Cart Channels unifies the increasingly complex functions of Feed Marketing and Marketplace Management.

Key Points: 
  • A first-of-its-kind solution, Cart Channels unifies the increasingly complex functions of Feed Marketing and Marketplace Management.
  • Cart Channels helps marketers expand, oversee, and optimize their product listings through one centralized interface, supported by best-in-class tools that automate placement, promotion, pricing and fulfillment.
  • With the complexity of advertising, merchandising, managing, optimizing and fulfilling, brands often struggle to meet advertising and sales targets to maximize performance in these channels.
  • Cart Channels eliminates these challenges while also propelling brands into more sales channels with more products, enabling them to sell everywhere.