MercadoLibre

Mercado Libre releases its third Transparency Report, reporting continued improvements in the fight against counterfeiting and piracy

Retrieved on: 
Tuesday, May 24, 2022

The company's third Transparency Report lists the main projects and outcomes of the measures rolled out to assure the security of digital services, data protection, and the fight against counterfeiting and piracy.

Key Points: 
  • The company's third Transparency Report lists the main projects and outcomes of the measures rolled out to assure the security of digital services, data protection, and the fight against counterfeiting and piracy.
  • says Federico Dey, Head of the Legal Central Department at Mercado Libre.
  • Innovation and technology are the drivers that continue positioning Mercado Libre as the regions safest e-commerce ecosystem and digital payment solution.
  • Through its platforms Mercado Libre, Mercado Pago and Mercado Envos, it provides solutions to individuals and companies buying, selling, advertising, shipping and paying for goods and services online.

Paxos and State Street Partner to Deliver Reduced Costs and T+0 Settlement in Innovative Pilot

Retrieved on: 
Tuesday, May 17, 2022

NEW YORK, May 17, 2022 /PRNewswire/ -- Paxos, the regulated blockchain infrastructure platform, has partnered with State Street, one of the world's leading providers of financial services to institutional investors, to integrate State Street's custodial services into the Paxos Settlement Service. As part of the pilot, State Street was able to simulate the settlement and custody of shares on the Paxos platform and asset movements with Credit Suisse more efficiently.

Key Points: 
  • As part of the pilot, State Street was able to simulate the settlement and custody of shares on the Paxos platform and asset movements with Credit Suisse more efficiently.
  • By leveraging Paxos Settlement Service for institutional settlement, State Street was able to send settlement instructions to Paxos for cost effective settlement while still delivering the required messaging to interface with existing settlement systems.
  • The result highlighted the Paxos platform's flexibility and readiness to immediately deliver T+0 settlement for industry participants.
  • Paxos can deliver T+0 settlement today while the legacy infrastructure has a goal of achieving T+1 settlement in 2024.

Tecton Hosts Second Annual apply(conf), a Machine Learning Data Engineering Event, May 18-19

Retrieved on: 
Monday, May 16, 2022

apply(conf) is a practitioner-focused community event for data and ML teams to discuss the practical data engineering challenges faced when building ML for the real world.

Key Points: 
  • apply(conf) is a practitioner-focused community event for data and ML teams to discuss the practical data engineering challenges faced when building ML for the real world.
  • Everything is on the table from managing labeling pipelines to transforming features in real-time to serving at scale.
  • Tecton enables data scientists to turn raw data into production-ready features, the predictive signals that feed ML models.
  • Tecton is backed by Andreessen Horowitz and Sequoia and is headquartered in San Francisco with an office in New York.

Infinity Ventures Launches Inaugural $158 Million Fund Dedicated to Global Fintech Investing

Retrieved on: 
Monday, May 16, 2022

Infinity Ventures , an early-stage venture firm investing in founders building across fintech infrastructure and commerce enablement, today announced its inaugural $158 million fund.

Key Points: 
  • Infinity Ventures , an early-stage venture firm investing in founders building across fintech infrastructure and commerce enablement, today announced its inaugural $158 million fund.
  • Infinity Ventures will invest in approximately 25 global companies from this inaugural fund.
  • Our vision with Infinity Ventures is to expand the reach of commerce and fintech utility.
  • Founded in 2021, Infinity Ventures is an early stage venture firm investing in global fintech infrastructure and commerce enablement.

B2C E-Commerce and Payment Market in Mexico 2022-2026: Profiles of Top 5 Players MercadoLibre, Amazon, Coppel, Walmart and Amazon

Retrieved on: 
Friday, May 13, 2022

DUBLIN, May 13, 2022 /PRNewswire/ -- The "Mexico B2C E-Commerce and Payment Market 2022" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, May 13, 2022 /PRNewswire/ -- The "Mexico B2C E-Commerce and Payment Market 2022" report has been added to ResearchAndMarkets.com's offering.
  • Already the number of Internet users and online shoppers in Mexico has risen and continues to do so.
  • Cross-Border E-Commerce has also become increasingly popular with around two-thirds of online shoppers in Mexico shopping from foreign websites.
  • B2C E-Commerce sales in Mexico are projected to remain on the growth path over the next five years.

Principal Shareholders of Avianca and Controlling Shareholder of GOL to Create Abra Group, a Leading Air Transportation Group Across Latin America

Retrieved on: 
Wednesday, May 11, 2022

LONDON, May 11, 2022 /PRNewswire/ -- The principal shareholders of Colombia's Avianca and the controlling shareholder of Brazil's GOL have signed a landmark agreement to create a leading air transportation group across Latin America under a holding company structure named Abra Group Limited. Subject to customary regulatory approvals and closing conditions, the Abra Group will control Avianca and GOL and bring together their iconic brands under a single holding.

Key Points: 
  • Subject to customary regulatory approvals and closing conditions, the Abra Group will control Avianca and GOL and bring together their iconic brands under a single holding.
  • Avianca and GOL will continue to maintain independent brands, talent, teams, and culture while benefiting from greater efficiencies and investments under common aligned ownership.
  • In the aggregate, the airlines under the Abra Group ownership will offer customers the largest network of complementary routes, with minimal overlap, across their markets.
  • GOL Linhas Areas Inteligentes S.A. (NYSE: GOL and B3: GOLL4): GOL is Brazil's largest airline, leader in the corporate and leisure segments.

Insights on Mexico's B2C E-Commerce and Payment Market to 2026: MercadoLibre Remains a Dominate Player Amongst Top B2C E-Commerce Websites - ResearchAndMarkets.com

Retrieved on: 
Tuesday, May 10, 2022

The "Mexico B2C E-Commerce and Payment Market 2022" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Mexico B2C E-Commerce and Payment Market 2022" report has been added to ResearchAndMarkets.com's offering.
  • Already the number of Internet users and online shoppers in Mexico has risen and continues to do so.
  • Cross-Border E-Commerce has also become increasingly popular with around two-thirds of online shoppers in Mexico shopping from foreign websites.
  • B2C E-Commerce sales in Mexico are projected to remain on the growth path over the next five years.

MercadoLibre, Inc. Reports First Quarter 2022 Financial Results

Retrieved on: 
Thursday, May 5, 2022

MONTEVIDEO, Uruguay, May 05, 2022 (GLOBE NEWSWIRE) -- MercadoLibre, Inc. (Nasdaq: MELI) (http://www.mercadolibre.com), Latin Americas leading e-commerce technology company, today reported financial results for the quarter ended March 31, 2022, in a letter to shareholders, which is now posted to the Investor Relations section of MercadoLibres website .

Key Points: 
  • MONTEVIDEO, Uruguay, May 05, 2022 (GLOBE NEWSWIRE) -- MercadoLibre, Inc. (Nasdaq: MELI) (http://www.mercadolibre.com), Latin Americas leading e-commerce technology company, today reported financial results for the quarter ended March 31, 2022, in a letter to shareholders, which is now posted to the Investor Relations section of MercadoLibres website .
  • As previously announced, the Company will host an earnings video as well as the conference call and audio webcast on May 5th, 2022, at 4:30 p.m. Eastern Time.
  • The conference call may be accessed by dialing(877) 303-7209 / (970) 315-0420 (Conference ID 6788876 ) and requesting inclusion in the call forMercadoLibre.
  • Additionally, 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 .

Nature-based carbon credit platform secures $55M in new funding round, led by Future Positive

Retrieved on: 
Thursday, May 5, 2022

Future Positive is a San Francisco-based venture capital firm that invests in companies using innovative technologies to solve the worlds most pressing problems.

Key Points: 
  • Future Positive is a San Francisco-based venture capital firm that invests in companies using innovative technologies to solve the worlds most pressing problems.
  • Fred Blackford, Founder and Managing Partner of Future Positive, said: Scaling carbon markets will play a critical role in our collective ability to decarbonize.
  • Pachama is building the infrastructure to support functioning carbon markets by providing vital transparency and accountability around how carbon credits are issued and transacted.
  • Pachama intends to use the funding to continue building a scientifically rigorous, technology-based approach to forest carbon credit verification to bring quality, integrity, and scale to carbon markets.

MercadoLibre, Inc. to Report First Quarter 2022 Financial Results

Retrieved on: 
Thursday, April 28, 2022

MONTEVIDEO, Uruguay, April 28, 2022 (GLOBE NEWSWIRE) -- MercadoLibre, Inc. (Nasdaq: MELI) (http://www.mercadolibre.com) intends to release financial results for its first fiscal quarter ended March 31st, 2022, on May 5th, 2022.

Key Points: 
  • MONTEVIDEO, Uruguay, April 28, 2022 (GLOBE NEWSWIRE) -- MercadoLibre, Inc. (Nasdaq: MELI) (http://www.mercadolibre.com) intends to release financial results for its first fiscal quarter ended March 31st, 2022, on May 5th, 2022.
  • The Company will host its first earnings results video conference, as well as the traditional conference call and audio webcast on May 5th, at 4:30 p.m. Eastern Time.
  • The conference call may be accessed by dialing (877) 303-7209 / (970) 315-0420 (Conference ID 6788876 ) and requesting inclusion in the call for MercadoLibre.
  • Additionally, 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.