News of mercadolibre

Labour reforms revive tensions between banks and fintechs

Yesterday 22:19 President Milei's upcoming labour reform plan is reviving longstanding tensions between the country’s banks and its fast-growing financial technology platforms.

E-Commerce

MercadoLibre tries to woo Brazil’s online shoppers as Amazon, Shein close in

25-11-2025 17:03 MercadoLibre is increasing discounts and promotions in Brazil to retain its market lead as Amazon and Shopee offer competition.

BUSINESS

MercadoLibre calls for tighter rules on Asian e-commerce rivals

05-11-2025 09:12 Head of MercadoLibre calls for tougher regulations on fast-growing Chinese e-commerce platforms in Latin America, given growing presence of platforms like Temu and Shein in region.

BUSINESS & FINANCE

Meet the man who wants to run Latin America's most valuable company like a start-up

15-09-2025 10:29 Who is MercadoLibre's new CEO, the man who wants to run Latin America's most valuable company like a start-up? Ariel Szarfsztejn is inheriting the mantle of the e-commerce and fintech giant from Marcos Galperin at a time of mounting competition and talent constraints.

BANKING & FINTECH

UK fintech giant Revolut to acquire BNP’s Cetelem in Argentina

26-06-2025 14:46 Revolut, Europe’s largest digital bank, to acquire Argentina’s Banco Cetelem, a small local lender owned by BNP Paribas.

BUSINESS & FINANCE

Mercado Pago will apply for Argentina banking licence

28-05-2025 23:27 Mercado Pago, the digital wallet and financial services arm of MercadoLibre, will request a banking licence from Argentina’s Central Bank.

BUSINESS & FINANCE

MercadoLibre CEO steps aside after 25 years for chairman job

22-05-2025 08:53 Billionaire founder Marcos Galperin will step down as CEO of e-commerce and financial services giant Mercado Libre in January 2026.

BUSINESS & MARKETS

MercadoLibre shares rally after record quarter of profit

20-02-2025 23:55 MercadoLibre stock jumped as much as 14% in after-hours trading after Latin American e-commerce and fintech giant’s profit far surpassed estimates.

FINANCE & BUSINESS

MercadoLibre posts record Argentina sales amid consumer rebound

09-10-2024 13:27 MercadoLibre says it’s seeing signs of a consumption rebound in Argentina after a difficult start to the year.

BUSINESS & BANKING

Mercado Libre denounces Argentina's banks for ‘cartelisation’

27-08-2024 11:13 Giant fintech and e-commerce firm files complaint with CNDC competition watchdog accusing 36 banks of acting like a “cartel” with its MODO digital wallet service.

FINANCES & BANKING

Mercado Libre hits back at Argentina's banks for ‘cartel’ tactics

26-08-2024 14:57 Mercado Libre accuses Argentine banks of “illegally concentrating” under one payments platform as an anti-competitive tactic against the company’s fintech arm, Mercado Pago.

Tech giants

Milei adviser expects major tech investments within eight weeks

07-06-2024 16:44 Javier Milei's senior adviser Demian Reidel is confident Argentina will be able to announce significant investments from Silicon Valley in the coming weeks.

COURT CHALLENGE

Banks accuse MercadoLibre’s fintech arm of ‘abusive conduct’

06-05-2024 19:42 Argentine banks file legal complaint against MercadoLibre for alleged “abusive conduct” on its digital payments platform, ratcheting up more pressure on the company after new Central Bank regulations imposed key changes on the fintech sector.

BUSINESS & INVESTMENT

MercadoLibre weathers Argentina tumult with Mexico, Brazil gains

02-05-2024 20:21 MercadoLibre saw its profit surge in the first quarter, with strong growth in Brazil and Mexico helping offset the hit from Argentina’s currency devaluation.

BUSINESS & INVESTMENT

Mercado Libre to recruit 18,000 more staff in Latin America this year

18-04-2024 16:25 Mercado Libre announced “the hiring of 18,000 people in the region, which will increase its payroll to over 76,000 by the end of 2024”, the company said in a press release.