Latam e-commerce giant MercadoLibre's loss widens on higher taxes
https://www.reuters.com/article/us-mercadolibre-results/latam-e-commerce-giant-mercadolibres-loss-widens-on-higher-taxes-idUSKBN2CM294
(Reuters) -MercadoLibre Inc posted a larger quarterly loss on Wednesday, hit by a higher tax bill and weak margins, as the Argentine e-commerce giant boosts spending to respond to a surge in online shopping and digital payments in Latin America.
Latam e-commerce giant MercadoLibre's loss widens on higher taxes
May 5, 2021, 9:24pm UTC
https://www.reuters.com/article/us-mercadolibre-results/latam-e-commerce-giant-mercadolibres-loss-widens-on-higher-taxes-idUSKBN2CM294
>(Reuters) -MercadoLibre Inc posted a larger quarterly loss on Wednesday, hit by a higher tax bill and weak margins, as the Argentine e-commerce giant boosts spending to respond to a surge in online shopping and digital payments in Latin America.