MercadoLibre, Inc. (NASDAQ: MELI)had a banner year in 2017, and things were looking up to start off 2018. When the company released its fourth-quarter financial results in February, it reported revenue of $437 million, up 70% year over year in U.S. dollars and almost doubling in local-currency terms.
It also announced that it would be deconsolidating the results of its Venezuelan subsidiary, which had long been a drag on its financials due to persistent currency devaluations and spiraling hyperinflation. After doubling last year, MercadoLibre's stock had gained another over 30% by early March.MercadoLibre Is Still Beating Amazon in Latin America
Понравилась статья? Подпишитесь на канал, чтобы быть в курсе самых интересных материалов
Подписаться