SEC Filings
MercadoLibre Revenue Jumps 45% While Free Shipping Pushes Operating Income Down 6%
The Latin American e-commerce company says it is choosing to give up near-term margin to build shopping habits, with operating income at $676 million.
MercadoLibre (MELI) news from Bullished: SEC filings, earnings, insider trades and deals, explained in plain English with links to the source documents.
SEC Filings
The Latin American e-commerce company says it is choosing to give up near-term margin to build shopping habits, with operating income at $676 million.
Earnings
The CFO tied the margin squeeze to shipping capacity and Brazil's affiliate push, and the CEO said the company has "accepted a lower margin."