NasdaqGS:MELIMultiline Retail
Leadership Transition at MercadoLibre (NasdaqGS:MELI) as CEO Moves to Executive Chairman
MercadoLibre (NasdaqGS:MELI) announced a significant leadership change with founder Marcos Galperin transitioning to Executive Chairman, while Ariel Szarfsztejn will become CEO in 2026. In tandem, the company reported strong Q1 financial performance, showcasing revenue and net income increases. Meanwhile, the broader market experienced fluctuations with slight rises in major indexes following a sell-off, amidst shifts in bond yields and record highs for Bitcoin. MercadoLibre's 27% share price...