MercadoLibre (MELI) Tops Q3 EPS by 11c

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MercadoLibre, Inc. Reports Third Quarter 2020 Financial Results

November 4, 2020 4:01 PM EST

Net Revenues of $1,115.7 million, up 148.5% year-over-year on an FX neutral basis$14.5 billion Total Payment Volume, up 161.2% year-over-year on an FX neutral basis$5.9 billion Gross Merchandise Volume, up 117.1% year-over-year on an FX neutral basis

BUENOS AIRES, Argentina, Nov. 04, 2020 (GLOBE NEWSWIRE) -- MercadoLibre, Inc. (Nasdaq: MELI) (http://www.mercadolibre.com), Latin Americas leading e-commerce technology company, today reported financial results for the quarter ended September 30, 2020.

Pedro Arnt, Chief Financial Officer of MercadoLibre, Inc., commented,... More