MercadoLibre stock explodes in Q3

31 Oct 2014
MercadoLibre's Q3 earnings have exceeded expectations. The Latin American e-commerce and technology company posted $147.9 million in revenue, up 20.2 percent year on year, and up 89 percent in local currencies. According to investors, the result was far higher than the $129.3 million analysts had forecast. The LatAm major company, which also operates in the classifieds industry, registered an i

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Léo Siqueira

Léo Siqueira joined the AIM Group in 2014 as writer and analyst for Latin America. He is a multimedia journalist based in, but not limited to Campinas, Sao Paulo. Siqueira has been writing, reporting, and consulting for different news outlets and corporations in Brazil and in the US. Siqueira has worked for almost three years as a correspondent in Brazil with ICIS, the world’s largest information provider for the global petrochemical industry, and has been working with other global publishers, such as USA TODAY and His expertise includes general news coverage, online, print and multimedia journalism, and corporate communications as well. In this particular area, he has been working with international clients.