Latest news with #MercadoLibre
Yahoo
2 days ago
- Business
- Yahoo
Mercado Libre Launches New Episode of CFO Perspectives, Featuring Martin de los Santos Reflecting on Q1'2025 Highlights
Montevideo, May 29, 2025 (GLOBE NEWSWIRE) -- Mercado Libre (NASDAQ: MELI), the leading e-commerce and fintech platform in Latin America, today launches a new episode within the Inside Mercado Libre podcast: CFO Perspectives. Following our earnings report this quarter, CFO Martin de los Santos joins host Richard Cathcart, Investor Relations Officer, to reflect on Mercado Libre's performance and provide a look ahead. In the second episode of CFO Perspectives: Reflections on Q1 Results, now live on Spotify, Martin de los Santos and Richard Cathcart discuss key investor questions following Mercado Libre's Q1 2025 results, covering Argentina, e-commerce competition, GMV growth in Brazil and Mexico and the growth and health of our credit business. As de los Santos highlights, ' We had a great start of the year, which is a continuation of what happened in 2024. The first quarter of 2025 presented strong top line growth, and impressive operational metrics: number of buyers grew by 25%, year on year, reaching 67 million in Q1. More impressive than that is the fact that the number of new buyers is growing very rapidly even after 25 years of history of MELI. On the Fintech side of the business Monthly Active Users grew at 31% year on year. This is actually the sixth consecutive quarter with growth above 30% year on year, surpassing 64 million users.' Listen to the latest episode CFO Perspectives: Reflections on Q1 Results on Spotify. Previous episodes "Acquiring with Paula Arregui, Fintech Acquiring Senior Vice President', "Marcos Galperin on MELI's Culture,' 'Strategy and Growth Opportunities with Leandro Cuccioli', 'Advertising with Sean Summers', 'Logistics with Agustin Costa', and 'Artificial Intelligence with Sebastian Barrios', can be accessed here. About Mercado Libre Founded in 1999, MercadoLibre, Inc (NASDAQ: MELI) is the leading company in e-commerce and financial technology in Latin America, with operations in 18 countries. It offers a complete ecosystem of solutions for individuals and businesses to buy, sell, advertise, obtain credit and insurance, collect, send money, save, and pay for goods and services both online and offline. Mercado Libre looks to facilitate access to commerce and financial services in Latin America, a market that offers great opportunities and high growth potential. It uses world-class technology to create intuitive solutions tailored to the local culture to transform the lives of millions of people in the region. More information at CONTACT: Janelle Laignelet (She / Her) jlaignelet@ 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
Yahoo
2 days ago
- Business
- Yahoo
Mercado Libre Launches New Episode of CFO Perspectives, Featuring Martin de los Santos Reflecting on Q1'2025 Highlights
Montevideo, May 29, 2025 (GLOBE NEWSWIRE) -- Mercado Libre (NASDAQ: MELI), the leading e-commerce and fintech platform in Latin America, today launches a new episode within the Inside Mercado Libre podcast: CFO Perspectives. Following our earnings report this quarter, CFO Martin de los Santos joins host Richard Cathcart, Investor Relations Officer, to reflect on Mercado Libre's performance and provide a look ahead. In the second episode of CFO Perspectives: Reflections on Q1 Results, now live on Spotify, Martin de los Santos and Richard Cathcart discuss key investor questions following Mercado Libre's Q1 2025 results, covering Argentina, e-commerce competition, GMV growth in Brazil and Mexico and the growth and health of our credit business. As de los Santos highlights, ' We had a great start of the year, which is a continuation of what happened in 2024. The first quarter of 2025 presented strong top line growth, and impressive operational metrics: number of buyers grew by 25%, year on year, reaching 67 million in Q1. More impressive than that is the fact that the number of new buyers is growing very rapidly even after 25 years of history of MELI. On the Fintech side of the business Monthly Active Users grew at 31% year on year. This is actually the sixth consecutive quarter with growth above 30% year on year, surpassing 64 million users.' Listen to the latest episode CFO Perspectives: Reflections on Q1 Results on Spotify. Previous episodes "Acquiring with Paula Arregui, Fintech Acquiring Senior Vice President', "Marcos Galperin on MELI's Culture,' 'Strategy and Growth Opportunities with Leandro Cuccioli', 'Advertising with Sean Summers', 'Logistics with Agustin Costa', and 'Artificial Intelligence with Sebastian Barrios', can be accessed here. About Mercado Libre Founded in 1999, MercadoLibre, Inc (NASDAQ: MELI) is the leading company in e-commerce and financial technology in Latin America, with operations in 18 countries. It offers a complete ecosystem of solutions for individuals and businesses to buy, sell, advertise, obtain credit and insurance, collect, send money, save, and pay for goods and services both online and offline. Mercado Libre looks to facilitate access to commerce and financial services in Latin America, a market that offers great opportunities and high growth potential. It uses world-class technology to create intuitive solutions tailored to the local culture to transform the lives of millions of people in the region. More information at CONTACT: Janelle Laignelet (She / Her) jlaignelet@
Bloomberg
3 days ago
- Business
- Bloomberg
Fintech Mercado Pago Will Apply for Argentina Banking License
Mercado Pago, the digital wallet and financial services arm of MercadoLibre, will request a banking license from Argentina's central bank as part of its effort to expand its ecosystem, according to a statement Wednesday. The goal is to offer more services through its fully digital model as the move follows similar steps already taken in Brazil and Mexico.
Yahoo
3 days ago
- Business
- Yahoo
MercadoLibre (MELI) Reported Strong Quarterly Performance, Driven by Revenue Growth in Argentina
Sands Capital, an investment management company, released its 'Sands Capital Technology Innovators Fund' Q1 2025 investor letter. A copy of the letter can be downloaded here. Technology Innovators focus on pioneering businesses worldwide that serve as key drivers or beneficiaries of significant long-term changes driven by technology. The fund returned -10.4% (net) in the first quarter compared to a 9.4% return for the benchmark, MSCI ACWI Info Tech and Communication Services Index. The choice of securities in the software sector was the primary factor negatively impacting relative performance. You can check the fund's top 5 holdings to know more about its best picks for 2025. In its first-quarter 2025 investor letter, Sands Capital Technology Innovators Fund highlighted stocks such as MercadoLibre, Inc. (NASDAQ:MELI). MercadoLibre, Inc. (NASDAQ:MELI) is an online commerce platform that operates Mercado Libre Marketplace and Mercado Pago FinTech platforms. The one-month return of MercadoLibre, Inc. (NASDAQ:MELI) was 9.62%, and its shares gained 49.44% of their value over the last 52 weeks. On May 27, 2025, MercadoLibre, Inc. (NASDAQ:MELI) stock closed at $2,555.17 per share with a market capitalization of $129.54 billion. Sands Capital Technology Innovators Fund stated the following regarding MercadoLibre, Inc. (NASDAQ:MELI) in its Q1 2025 investor letter: "MercadoLibre, Inc. (NASDAQ:MELI) is the largest ecommerce and fintech ecosystem in Latin America by market share. The business delivered a strong fourth quarter in 2024, with operating income exceeding consensus estimates by 37 percent. This marked a significant rebound from 2024's third quarter, when operating income fell short of expectations. The outperformance was largely driven by operations in Argentina, where 31 percent year-over-year revenue growth boosted earnings due to the region's higher contribution margin relative to Brazil and Mexico. As of year-end, MercadoLibre served 100 million annual unique ecommerce customers and more than 60 million monthly active financial technology users." A customer using their phone to access an online commerce platform. MercadoLibre, Inc. (NASDAQ:MELI) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 108 hedge fund portfolios held MercadoLibre, Inc. (NASDAQ:MELI) at the end of the first quarter which was 96 in the previous quarter. While we acknowledge the potential of MercadoLibre, Inc. (NASDAQ:MELI) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the undervalued AI stock set for massive gains. In another article, we covered MercadoLibre, Inc. (NASDAQ:MELI) and shared Loomis Sayles Global Growth Fund's views on the company. Baron FinTech Fund emphasized MercadoLibre, Inc. (NASDAQ:MELI) in its Q1 2025 investor letter, noting that the stock rebounded strongly and reaffirmed its growth trajectory in digital commerce and banking. In addition, please check out our hedge fund investor letters Q1 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: Michael Burry Is Selling These Stocks and A New Dawn Is Coming to US Stocks. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
4 days ago
- Business
- Yahoo
Three stock picks that are standouts amid market volatility
It has been a roller coaster ride for markets so far this year. In the video above, Silvant Capital Management's chief investment officer and senior portfolio manager, Michael Sansoterra, shares his three standout stocks. To watch more expert insights and analysis on the latest market action, check out more Wealth here. My next guest is watching three standout stocks amid continued volatility. Joining me now, we've got Michael Sancitara, who is the Silvant Capital Management CIO, managing director and senior portfolio manager. Good to have you here with us. So let's start with Netflix. Walk us through what you like about NFLX shares right now. Sure. Thanks, Brad. Uh you know, Netflix continues to be the number one streaming content provider, uh, globally. They've held their position despite, you know, aggressive competition from the Disney's, HBO Maxes, Paramounts, Apples of the world for the last few years. We saw a little bit of a lull in their growth a few years back as that competition increased. But now they're really back on top, um, still spending the most money on content, uh a very large slate of good content coming at the second half of the year, um, stuff that's well proven and has generated subscriber growth. And I think we're actually at the point finally with Netflix where we've stopped worrying about subscriber growth specifically, that's a data set they're not giving us any longer. And we can really drill into the financials. The stock's expensive, but you're going to see, I think, better and better operating margins, better uh contribution from their ad tier revenue, and increased price increases. So it's a stock that we think can continue to exceed investors expectations, um is not bothered by tariffs and uh is doing a pretty good job of bucking the trend of even in a concerning uh economic environment and sort of volatile market conditions. Yeah, indeed. We've seen NFLX shares up by about 35% over the course of 2025 here continuing to track that move. Also watching one of the other names that's on your list, and this is MercadoLibre. This is not a company that might kind of fall into the the regular conversations, but why is this one at the top of your watch list? Yeah, you know, we like MercadoLibre. We have for some time now. Um, it's the Amazon of South America, simply put. And what we've seen there is really their ability to hold Amazon at bay with a lot of these burgeoning countries, particularly in Brazil. So you've got a company where, you know, you're growing revenue, uh gross margin volume. So basically the merchandise they sell, gross merchandise volume, north of 40% globally, uh 30% in Brazil this most recent quarter, which I think was greater than investors expected. And at the same time, uh taking some plays from the Amazon web, uh Amazon Web and Amazon playbook, you've seen MercadoLibre increase their fulfillment. So a larger portion of their business is now being fulfilled by themselves, which means their cost per fulfillment is lower. And that's allowed them to continue to monetize um the sales that they generate on the platform. Additionally, and and maybe even more so than even an Amazon is their credit business. A large portion of South America is still unbanked and when you need to borrow money to buy stuff online, MercadoLibre is right there to lend you the money. So you've seen a company that has been very challenging to catch all the moves with with foreign exchange. It's been very challenging to really gauge any one particular country's movement. But when you back up as a whole and you look at where they sit in that industry, and where they sit geographically, it's a company whose expectations continue to rise. Uh very hard to model which is stocks we typically like and what you see is is a good outperforming stock that's continuing to take market share. It seems like this would be part of that kind of international diversification, uh play that we're we're increasingly hearing, especially coming off of the early innings of the year where all the talk was about US exceptionalism. And that is the portfolio strategy. But now we've seen investors and some of the strategists that we speak with here on Yahoo Finance talk more about where you need to have some emerging market exposure and specifically outside of the US. Is MercadoLibre not just that play, but how do you kind of build a basket, uh, that includes MercadoLibre and some of the other analogous type of companies? Sure. Um, you know, at the Virtus Silvent Focus Growth Mutual Fund and and strategy, we are really focused on US companies by and large. But we allow ourselves a small percentage of the fund, never more than 10%, in these very specific cases. So what we don't want to do is make a call on the US economy versus the South American economy versus Asia. Our goal is just to pick the best stocks. So when we can find a company like MercadoLibre, um, that we can get good research on, we can understand, we can we can track its key metrics, we can we can add that to our portfolio, not only to help total return, but to your point, have a little bit less US economic exposure um in the fund itself. Again, not an international fund, it's something we typically own very small positions in, relative to the rest of the strategy. But it is important to consider how can they exceed investor's expectations, how can their key metrics, the way they manage their business, uh beat what's already priced in. And and Meli has done a very good job of doing that for the last several years. Let's talk about one more that you're tracking here, GE Aerospace. What's appealing there? Sure. Uh, you know, we've liked GE once they spun out the pieces of the company, particularly the aerospace division, was something we were interested in. Historically at Silvant, we weren't particularly beyond interested, beyond much more than that. So we were excited to see that spin out, uh, purchase the shares a few years back. And we've been tracking really the expectations around engine deliveries. You've seen, um, GE really dominate the narrow body engine business. You've seen clients, customers, both business and uh retail travel uh increase over the last few years, which means more demand for planes, more demand for these more highly efficient, um, engines. And despite the fact that the supply chain has been a little bit challenged, GE has has exceeded expectations. Despite the fact that some of the OEM production, particularly from Boeing, has been capped, they've managed to beat expectations. And part of that's been on their services business and their spare parts business, which are growing mid teens to 20% respectively. And that's the kind of business we really like because it's long tail. We think that the travel plans of most people are still largely intact globally. These these engines are really dominant in their space and GE is really capitalizing on the pure thing that they used to do before they became an unwieldy conglomerate. Um, they're really capitalizing on the GE Aerospace portion of the business and we think that continues for multiple years. Michael, good to see you. Thanks so much for taking the time. Thanks, Brad. Sign in to access your portfolio
