NasdaqGS:MELIMultiline Retail
MercadoLibre (MELI) Is Up 7.6% After Brazil Marketplace Expansion Accelerates Seller Growth - What's Changed
In Q2, MercadoLibre reported strong operational momentum in Brazil, with gross merchandise volume rising 39% year over year, supported by higher buyer engagement, more active sellers, and marketplace initiatives such as PIX discounts and lower seller take rates.
An interesting aspect of this development is the 29% increase in active sellers following reduced free-shipping thresholds, which appears to be deepening product selection and sharpening price competitiveness across the Brazilian...