Mercado Libre is already the most valuable company in Latin America, exceeding 61 bn

Mercado Libre presented its balance sheet on Wall Street. The shares rose 6%, and their market value exceeded $61 billion. Between January and September, it earned $152.8 million. The quarterly turnover reached $1.11 million: 148.5% more than in 2019. The e-commerce division represented $724.5 million, growing 109.3%; while Mercado Pago, $391.2 million, increased 52.3%.

Source: Clarín