Browsing: America

The Latin American version of “Alibaba” — Mercado Libre (hereinafter referred to as $Latin American Commercial Services (MELI.US)) released its Q2 earnings on the morning of August 6. Overall, the growth of its business and revenue remains strong, with the nominal revenue growth rate close to 50%, significantly exceeding market expectations.

The top 10,000 sellers on Amazon.com turn over at almost precisely the rate they did seven years ago. 68.6% of today’s top sellers held the position a year ago, against the 67% Marketplace Pulse recorded in 2019. Nearly half – 49.6% – were already there three years ago, up from 41% in 2019. Holding a…