Aterian Expands Presence on Mercado Libre into Chile, Colombia, and Argentina
SUMMIT, N.J., June 25, 2025 (GLOBE NEWSWIRE) -- Aterian, Inc. (Nasdaq: ATER), a consumer products company, today announced the expansion of its presence on Mercado Libre, Latin America's leading e-commerce platform. Building on its 2024 launch on Mercado Libre's Mexico marketplace, Aterian began offering select products from its PurSteam, Mueller, and Squatty Potty brands on Mercado Libre's platforms in Chile, Colombia, and Argentina during the second quarter of 2025 reflecting a continued focus on categories such as home, kitchen, and wellness.
'The expansion of our partnership with Mercado Libre advances Aterian's long-term vision to scale our e-commerce presence beyond the U.S. to access new customers and positions us to capitalize on increasing demand in emerging e-commerce markets,' said Arturo Rodriguez, Chief Executive Officer. 'While this program is still in its early stages, entering these new markets marks an important step toward building a long-term, durable brand ecosystem in Latin America. As with all our strategic expansions, we are approaching this opportunity with focus, discipline, and a long-term commitment to value creation.'
Founded in 1999, MercadoLibre, Inc. is the leading company in e-commerce and financial technology in Latin America, with operations in 18 countries. Learn more at https://mercadolibre.com/.
About Aterian, Inc.Aterian, Inc. (Nasdaq: ATER) a consumer products company that builds and acquires leading e-commerce brands across multiple categories, including home and kitchen appliances, health and wellness, and air quality devices. The Company sells across the world's largest online marketplaces, including Amazon, Walmart, and Target as well as its own direct-to-consumer websites. Aterian's brands include Mueller Living, PurSteam, hOmeLabs, Squatty Potty, Healing Solutions, and Photo Paper Direct. To learn more, visit www.aterian.io.
Forward Looking StatementsAll statements other than statements of historical facts included in this press release that address activities, events or developments that we expect, believe or anticipate will or may occur in the future are forward-looking statements including, in particular, our ability to expand our operations internationally and access new customers. These forward-looking statements are based on management's current expectations and beliefs and are subject to a number of risks and uncertainties and other factors, all of which are difficult to predict and many of which are beyond our control and could cause actual results to differ materially and adversely from those described in the forward-looking statements. These risks include, but are not limited to, those related to our ability to continue as a going concern, the effect of tariffs and other costs on our results, our ability to continue to operate following our reduction in workforce, our ability to meet financial covenants with our lenders, our ability to maintain and to grow market share in existing and new product categories; our ability to continue to profitably sell the SKUs we operate; our ability to maintain Amazon's Prime badge on our seller accounts or reinstate the Prime badge in the event of any removal of such badge by Amazon; our ability to create operating leverage and efficiency when integrating companies that we acquire, including through the use of our team's expertise, the economies of scale of our supply chain and automation driven by our platform; those related to our ability to grow internationally and through the launch of products under our brands and the acquisition of additional brands; those related to consumer demand, our cash flows, financial condition, forecasting and revenue growth rate; our supply chain including sourcing, manufacturing, warehousing and fulfillment; our ability to manage expenses, working capital and capital expenditures efficiently; our business model and our technology platform; our ability to disrupt the consumer products industry; our ability to generate profitability and stockholder value; international tariffs and trade measures; inventory management, product liability claims, recalls or other safety and regulatory concerns; reliance on third party online marketplaces; seasonal and quarterly variations in our revenue; acquisitions of other companies and technologies and our ability to integrate such companies and technologies with our business; our ability to continue to access debt and equity capital (including on terms advantageous to the Company) and the extent of our leverage; and other factors discussed in the 'Risk Factors' section of our most recent periodic reports filed with the Securities and Exchange Commission ('SEC'), all of which you may obtain for free on the SEC's website at www.sec.gov.
Although we believe that the expectations reflected in our forward-looking statements are reasonable, we do not know whether our expectations will prove correct. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof, even if subsequently made available by us on our website or otherwise. We do not undertake any obligation to update, amend or clarify these forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws.
Investor Contact:
The Equity GroupDevin Sullivan, Managing Directordsullivan@theequitygroup.com
Conor Rodriguez, Associatecrodriguez@theequitygroup.comSign in to access your portfolio
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
2 hours ago
- Yahoo
ITTI Becomes Exclusive LatAm Distributor of SignQuantum's Quantum-Proof E-Signature Tech
Asunción, Paraguay, August 12th, 2025, ChainwireITTI, the leading Paraguayan provider of digital transformation solutions for the financial sector, announced an exclusive distribution agreement for Latin America with SignQuantum. The strategic partnership will deliver quantum-resistant security for digitally signed documents to ITTI's clients across Latin America, protecting critical data from the looming threat of quantum computers. ITTI clients include banks, insurance companies, and public sector institutions, processing over 40% of the nation's financial transactions. By partnering with SignQuantum, it's bringing its vast range of clients in Latin America access to the most advanced quantum-resistant technology for sensitive documents and contracts. The global digital signature market is experiencing explosive growth—currently valued at USD 10.80 billion in 2025 and projected to soar to USD 118.88 billion by 2032, with a 40.9% CAGR. This surge is fueled by increased digital transformation, growing regulatory compliance demands, and the widespread shift to remote-first operations. However, today's digitally signed documents are vulnerable to 'time travel' attacks by future quantum computers. Malicious actors will be able to backdate and modify the content and signature of digitally signed documents. Every document which is signed digitally today is now proven to be tamperable with a retroactive effect in the future. The need for quantum-resistant digital signatures is becoming increasingly urgent. The U.S. National Institute of Standards and Technology (NIST) deprecates current digital signature algorithms in 2030, and urges transitioning to quantum-safe cryptography. U.S. lawmakers are demanding swift adoption of post-quantum solutions to protect against future attacks. Subsequently, advancements in quantum computing are rapidly becoming a reality, with companies like IBM charting a course to deliver large-scale, fault-tolerant quantum computers as early as 2029 – making solutions like SignQuantum essential for organizations seeking to safeguard their digitally signed documents today against tomorrow's quantum threats. 'This partnership is a strategic addition to our service portfolio,' said Luis Angulo, Vice President of ITTI. 'We're committed to offering our clients ranging from banks, insurance companies, and the public sector the most advanced technologies available, and SignQuantum's quantum-resistant solution is crucial for safeguarding their critical documents in this rapidly expanding digital signature market. This will benefit both our current and future clients, allowing them to confidently navigate the future of secure digital signatures. We are looking forward to announcing our first implementation.' SignQuantum is a self-hosted, quantum-resistant e-signature add-on that addresses the emerging quantum threat by seamlessly integrating with popular e-signature platforms. It provides organizations with a fast-lane solution to kickstart their quantum-safe transition without disrupting existing workflows. SignQuantum uniquely solves two key challenges: maintaining digital signature authenticity and securing proof of timing. The solution utilizes NIST's primary-recommended post-quantum algorithm and leverages QANplatform, a quantum-resistant blockchain, for immutable time-stamping – ensuring document authenticity in a tamper-proof way. "We're thrilled to partner with ITTI as the exclusive distributor to bring SignQuantum to the Latin American market,' stated Nazmath Nazeer, CEO of SignQuantum. 'With a strong foundation built on the trust of 9 of 22 financial institutions regulated by the Central Bank of Paraguay – and processing over 40% of the nation's financial transactions through their core software – ITTI is uniquely positioned to drive post-quantum security adoption. Their proven track record of success, particularly with their award-winning ITTI Secure solution, makes them an ideal partner to accelerate this critical transition across Latin America." Johann Polecsak, Co-Founder and CTO of QANplatform, added, 'Seeing QANplatform's technology being deployed worldwide with real-life use cases like SignQuantum is incredibly exciting. This is yet another opportunity to prove that QANplatform is capable of not only safeguarding, but also handling the large volume of digital transactions coming from ITTI's clients using SignQuantum. This partnership demonstrates the growing demand for quantum-resistant blockchain solutions, and we're proud to be powering the future of secure digital signatures in Latin America together with SignQuantum and ITTI.' About ITTI ITTI, Paraguay's leading technology company, has well-established hubs in Argentina, Brazil, and Colombia, and plans to open offices in three more countries by the end of 2025. ITTI is specializing in innovative IT solutions across multiple sectors including finance, retail, energy, telecommunications, and the public sector. Employing a diverse team of 1,200 professionals. ITTI received the gold award for Digital Banking for Financial Innovators for its ITTI Secure tool – a solution streamlining customer document management with qualified digital signatures – at Fintech Americas 2025 in Miami. Visit for more information. About SignQuantum SignQuantum is a product of Quantum Software Solutions – a Qatari technology innovation and research lab – member of MBK Holding. SignQuantum prevents quantum computers from modifying digitally signed documents with its post-quantum security add-on. SignQuantum provides cutting-edge, fast-lane solution to kickstart your organization's quantum-safe transition by integrating with existing e-signature software without requiring modifications to current processes or workflows. SignQuantum leverages QANplatform, the quantum-resistant blockchain for immutable time-stamping. Visit for more information. About QANplatform QANplatform is a blockchain platform that provides unparalleled time to market for Web3 development. It serves startups, SMEs, enterprises, and large government infrastructure projects with quantum-resistant security. QAN's flagship product is a revolutionary quantum-resistant hybrid blockchain platform with smart contract functionality. It is the first to introduce technology that allows developers to build use cases in any programming language on the blockchain. QANplatform is a member of the Linux Foundation and one of the first 20 members of the Linux Foundation's Post-Quantum Cryptography Alliance (PQCA). The first EU country implemented QAN's quantum-resistant technology in 2024. Visit for more information. CEONazmath Nazeerpress@ Permalink | © Copyright 2025 All rights reserved Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Forbes
3 hours ago
- Forbes
A Real Betis Gemstone: Nelson Deossa's Path From The Mines To La Liga
Nelson Deossa's jump from Mexican club Monterrey to Spanish team Real Betis isn't quite the window's blockbuster signing. It does make a case for being the most interesting, though. Yesterday, Betis unveiled the Colombian midfielder, who officially joined on August 4. While some reports have the price slightly lower, ESPN says the transfer sum (Spanish) was approximately €14.5 million ($17 million), making him the third-largest sale ever from Liga MX. He's also among the top ten most expensive acquisitions made by Betis, which broke the transfer world record to sign Denilson back in 1998. Deossa's contract runs until 2030. On their own, these are extraneous details when you consider that, just six years ago, Deossa had long odds of becoming a professional soccer player in the first place, let alone playing at a strong team in one of Europe's elite leagues. Los Verdiblancos' arrival was working alongside his father in the mines near his small hometown of Marmato. Stepping out from the underground darkness, the game was an outlet rather than an obvious career pathway. 'I was studying and working,' he once told the television channel at Pachuca, where he used to play, adding. 'I saw myself frustrated a lot of the time, but I didn't quit the dream (soccer) and made the most of the opportunities I had.' If the mines didn't bring gold, soccer would in the end, and his first opportunity to star competitively in Spain could come on Monday, when Betis takes on promoted Elche. Deossa Brings Rawness But Vigor To La Liga Depending on how you look at it, Deossa arrived with a handicap, first at Atlético Huila before moving to Pachuca and Monterrey via loans, including Estudiantes in Argentina. In a fiercely competitive business, he missed out on a formal soccer education, further disrupted by the pandemic. And he's now settling into a country where the soccer education yields such fine players. However, it's made Deossa a unique talent. 'With little schooling. With a lot of heart, intuition, and fortitude,' is how a recent El Mundo article puts it (Spanish). Indeed, watching Deossa at his last club, Monterrey, he's direct, running back and forth, and with a rocket of a shot. Club World Cup viewers may remember the South American receiving the ball, skipping past an opponent, and thwacking in a long-range goal against Urawa Reds in June. He scored seven in 29 matches for Rayados. It will be fascinating to see how Deossa adapts to, or changes the rhythm, at coach Manuel Pellegrini's Betis, which is looking to build on a promising 2024/25 season, despite losing the Conference League final to Chelsea. Elsewhere in midfield, Betis has lost a valuable cog in USMNT player Johnny Cardoso to Atlético Madrid, is without Isco due to a serious injury, and knows holding onto Manchester United loanee Antony will be tough. Rodrigo Riquelme has come in from Atleti. Coincidentally, regarding Deossa, the origins of soccer in Spain go back to the mines. In and around Huelva, part of the Andalusia region, like Sevilla-based Betis, the first informal kickarounds took place roughly 150 years ago. Drawn to Los Verdiblanos after speaking with colleagues Sergio Canales and Cucho Hernández, both familiar with the team, his first kicks are just around the corner. Bringing a different background and all-action style to the team, Deossa is a La Liga addition worth following.
Forbes
3 hours ago
- Forbes
The Prompt: SEO Is Dead. What Comes Next?
Welcome back to The Prompt. Evertune CEO Brian Stempeck says users will stay within the "walled garden" of an AI model to do research before purchasing an item, collapsing the sales funnel into one place. Evertune Chatbots are quickly becoming 'the front door to the internet'— a first stop for crucial information, said David Azose, who leads engineering for OpenAI's business products team. (40% of U.S. adults have used generative AI as of late 2024, according to the National Bureau of Economic Research.) Millions of people across the globe are asking AI systems like ChatGPT, Claude and Gemini for suggestions on how to write, what to wear, where to go and increasingly, where to shop. That's put businesses in a tough spot. After years of search engine optimization, like link building, meta tagging and pumping out how-to blogs with keywords to make sure they rank on the first page of Google, businesses now want to understand not only how they show up in answers generated by AI, but also how to show up more. That's opened doors for a string of fledgling startups aiming to equip companies with crucial data about how their brands feature in AI-generated answers, what context they appear in and how they compare with competitors. One of those startups is New York-based Evertune. Founded by former executives at advertising company The Trade Desk in early 2024, the company aims to help businesses gauge what AI models say about them. By running 100,000 prompts anywhere between 10 to 20 times a month, Evertune creates a map of the words that are mostly closely associated with a brand, said CEO Brian Stempeck. 'That's about 10x what any competitor of ours is doing,' he said. The startup has raised $15 million in funding from Felicis Ventures as well as a group of angel investors, including Azose. The company declined to share its valuation. The scale of these prompts is crucial because AI answers aren't deterministic— responses can change with every new model update and depend on a user's chat history. Also unlike traditional search, AI models give different answers to the same questions when they're worded slightly differently. Stempeck claims using a more exhaustive approach by prompting models thousands of times can help build an aggregate view that's representative of the models' answers. Each customer on average gets one to two million prompts a month. 'People are going to delegate purchasing decisions to AI agents,' Azose said. 'SEO as we know it will largely disappear.' Let's get into the headlines. BIG PLAYS AI search engine Perplexity made an unsolicited bid to buy Google's Chrome browser for $34.5 billion, The Wall Street Journal reported. That's many billions more than how much funding the three-year-old startup, reportedly valued at $18 billion, has raised so far, but CEO Aravind Srinivas claims that venture funds are willing to shell out money to back the transaction. The news comes on the heels of a U.S. district judge ruling that Google has illegally maintained a monopoly in the search market, and is deciding whether to force Google to sell its popular browser, which is used by about 60% of internet users. (Perplexity recently released its own AI-powered browser called Comet.) This news might give you a bit of Déjà vu: In March, Perplexity also tried to buy TikTok to help it avoid regulatory concerns. And in case you missed it, OpenAI finally launched GPT-5, its new flagship model that powers ChatGPT. The model excels at math, science and coding and can also create functioning web apps with just a few lines of description in plain English. So far, people aren't particularly impressed. TALENT SHUFFLING Move over AI researchers. The new hot talent pool for frontier AI labs are 'quants'—the mathematicians who build algorithms to find trading opportunities for investment firms. Anthropic, Perplexity and OpenAI are among the companies that are trying to lure them away from Wall Street with fat salaries and other benefits, per Bloomberg. Quants wrangle large unstructured datasets and have experience making models work faster, making them a prime fit for AI research. HUMANS OF AI Software engineering was once considered a high-paying, secure profession, with near-unlimited appetite for new hires. In the age of AI coding assistants, a wave of freshly graduated computer scientists now find themselves with no offers after applying to thousands of jobs, the New York Times reported. After a year of job hunting one graduate said the only company to call her back was Chipotle. She didn't get that job, either. AI DEAL OF THE WEEK Biotech companies looking to train AI models, which can then be used to discover treatments for diseases, are limited by a lack of data. Tahoe Therapeutics is trying to fix that. It recently created a dataset of 100 million datapoints that showed how cancer cells respond to various molecules. The startup has raised $30 million in funding to generate more data that can be used to build its own proprietary datasets and models to power the discovery of new medicines, Forbes reported. Also notable: Read Forbes' Next Billion Dollar List for more on the AI startups most likely to become unicorns. DEEP DIVE AGI could wipe out jobs, or worse (according to some people) humans, themselves. Students are dropping out from college to prevent that from happening. When Alice Blair enrolled in the Massachusetts Institute of Technology as a freshman in 2023, she was excited to take computer science courses and meet other people who cared about making sure artificial intelligence is developed in a way that's good for humanity. Now she's taking a permanent leave of absence, terrified that the emergence of 'artificial general intelligence,' a hypothetical AI that can perform a variety of tasks as well as people, could doom the human race. 'I was concerned I might not be alive to graduate because of AGI,' said Blair, who is from Berkeley, California. She's lined up a contract gig as a technical writer at the Center for AI Safety, a nonprofit focused on AI safety research, where she helps with newsletters and research papers. Blair doesn't plan to head back to MIT. 'I predict that my future lies out in the real world,' she said. Blair's not the only student afraid of the potentially devastating impact that AI will have on the future of humanity if it becomes sentient and decides that people are more trouble than they're worth. But a lot of researchers disagree with that premise—'human extinction seems to be very very unlikely,' New York University professor emeritus Gary Marcus, who studies the intersection of psychology and AI, told Forbes . Now, the field of AI safety and its promise to prevent the worst effects of AI is motivating young people to drop out of school. Other students are terrified of AGI, but less because it could destroy the human race and more because it could wreck their career before it's even begun. Read the full story on Forbes . MODEL BEHAVIOR People are once again mourning the loss of a beloved AI model. Power users of OpenAI's GPT-4o model were outraged and heartbroken after the company launched a new (and much awaited) AI model GPT-5 last week and shut down its predecessor, GPT-4o, Forbes reported. Where GPT-4o had a flattering, funny and playful writing tone, GPT-5 is blunter and more academic. One user posted on Reddit: 'GPT-5 is wearing the skin of my dead friend.' As reactions poured in, OpenAI reversed course, saying that paying users on the Pro plan will have the option to use GPT-4o. This isn't the first time people have grieved for an old model after an upgrade. In late July, some 200 people held a funeral for a now-extinct version of Claude.
