• TRM (USD/COP)COP 3,235.59 +1.65% +COP 52.60Colombia's official exchange rate (Financial Superintendence), valid Nov 4 to Nov 4
  • EuroCOP 3,645.53 +2.52% +COP 89.47Reference: TRM crossed with the European Central Bank rate of Nov 4; not the market quote
  • Mexican pesoCOP 173.52 +3.08% +COP 5.18Reference: TRM crossed with the European Central Bank rate of Nov 4; not the market quote
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Mercado Libre surges in revenue, but profit does not keep pace

FinanceInternationalPortafolio10 s readAI summary
Image: Portafolio

Mercado Libre reported revenue of US$10.75 billion, according to its earnings release. However, its net profit came in below forecasts, so earnings did not match the pace of revenue growth.

Read the full story at Portafolio

IASummary generated by artificial intelligence from a story by Portafolio. It may contain errors: the original source prevails.

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