பாசமா News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from பாசமா. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In பாசமா Today - Breaking & Trending Today

Why MercadoLibre Declined by 10.1% in March


What happened
Shares of
The Latin American e-commerce company s stock had scaled a new all-time high back in January but has since declined around 24%. 
Image source: Getty Images.
So what
MercadoLibre had just released its fourth-quarter and full-year 2020 earnings, and as expected, it was a blowout year for the company as both financial and operating metrics surged. Unique active users on its platform almost doubled from 74.2 million to 132.5 million, gross merchandise volume soared by nearly 50% year over year to $20.9 billion, and total payment volume on its Mercado Pago platform jumped by 75% year over year. 
Investors were disappointed, however, by the company s fourth-quarter loss of $50.6 million, which was just a tad lower than the $54 million chalked in the fourth quarter of 2019. Despite net revenue nearly doubling year over year for the quarter, MercadoLibre still recorded an operating loss, though this had narrowed to $25.1 million from $68. ....

United States , Region De Aricay Parinacota , Mercado Pago , Latin American , ஒன்றுபட்டது மாநிலங்களில் , மெர்கடோ பாகோ , லத்தீன் அமெரிக்கன் ,