MercadoLibre’s profit up in Q3; income margin still a challenge

05 Nov 2015
In 2014, “classifieds, advertising and other” accounted for about 14 percent of Meli’s total net revenue. Should we see an increase in that share, as Meli expands its classifieds portfolio in LatAm, which is mainly real estate and cars, and as the region, in general, struggles to reach a more stable economic scenario?

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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.