Mercado Libre, a financial and e-commerce provider company with its possess cryptocurrency token, grew to alter into the ideal company in Latin The United States after announcing its financial outcomes for Q2. Mercado Libre announced a receive income of $531 million, tremendously surpassing the expected $432 million. Completely different numbers had been additionally definite, at the side of a 36% growth in gross sales in Brazil, one among the company’s predominant markets. Following this announcement, stocks soared, propelling Mercado Libre to conquer the price of other Latam companies equivalent to Petrobras, which remains second in the position with a market capitalization of $87 billion. On August 2, Mercado Libre reached a market capitalization of $93 billion.
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