Investing City

Investing City

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Investing City
Investing City
Weekly Update Oct 30-Nov 3
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Weekly Update Oct 30-Nov 3

Ryan Reeves
Nov 03, 2023
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Investing City
Investing City
Weekly Update Oct 30-Nov 3
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Hi there for the second time this week! :)

Let's jump right into it, starting with two earnings reports.

MercadoLibre reported earnings on Wednesday afternoon. Here are the numbers followed by some important quotes from the call:

YoY Revenue

63%

53%

45%

43%

35%

31%

40%

QoQ Growth

7%

16%

4%

12%

1%

12%

10%

YoY Commerce Revenue

40%

23%

20%

22%

31%

38%

45% 

YoY Fintech Revenue

108%

113%

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