MercadoLibre: Strong Q1 profit follows new focus

25 May 2009
By David LaFontaineMercadoLibre, the largest online commerce platform in Latin America, posted strong profits and growth for Q1 of 2009, despite the overall economic downturn...This content is available free to Classified Intelligence Report clients.Net revenues were $32.3 million, a year-over-year growth rate of 12 percent, net incom


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Brian Blum

Brian Blum covers the U.S., Canada and Israel for Classified Intelligence Report, and contributes to our special reports and research projects. Originally from San Francisco and now based in Jerusalem, he has been with the AIM Group since 2004. He is the president of Blum Interactive Media, specializing in writing and multimedia content development for online, print, video and audio. His clients include newspapers, universities and non-profits. He is currently working on a book about the billion-dollar bankruptcy of a once high-flying Israeli startup.