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Latin America's e-commerce behemoth MercadoLibre reported on Wednesday a better-than-expected 178.2% surge in third-quarter net profit, compared with the previous year, after revenue grew across markets, especially in Brazil. "We had another super solid quarter," Andre Chaves, senior vice president of strategy and corporate development, told journalists, highlighting the acceleration of revenue growth in e-commerce and the firm's fintech arm in its major markets. Total net revenue was around $3.8 billion in the quarter ended in September, up 39.8% year-on-year.

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