Latam e-commerce giant MercadoLibre's loss widens on higher taxes

Latam e-commerce giant MercadoLibre's loss widens on higher taxes

3 years ago
Anonymous $OlGJJXacOb

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.

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