latin america

Each week, Benzinga's Stock Whisper Index uses a combination of proprietary data and pattern recognition to showcase five stocks that are just under the surface and deserve attention. Investors are constantly on the hunt for undervalued, under-followed and emerging stocks. With countless methods...

Latin American e-commerce company MercadoLibre Inc (NASDAQ:MELI) reported third-quarter financial results on Wednesday after market close. • MELI shares are experiencing downward pressure. See what is happening here. Here are the key highlights. Q3 Results: MercadoLibre reported third-quarter...

Each week, Benzinga's Stock Whisper Index uses a combination of proprietary data and pattern recognition to showcase five stocks that are just under the surface and deserve attention. Investors are constantly on the hunt for undervalued, under-followed and emerging stocks. With countless methods...

Each week, Benzinga’s Stock Whisper Index uses a combination of proprietary data and pattern recognition to showcase five stocks that are just under the surface and deserve attention. Investors are constantly on the hunt for undervalued, under-followed and emerging stocks. With...

Online Latin America commerce and payments company Mercado Libre (NASDAQ:MELI) reported second-quarter financial results after market close Thursday. Here are the highlights. What Happened: Mercado Libre reported net revenue of $5.07 billion in the second quarter, up 42% year-over-year. The revenue...

The United States is reportedly planning to enact legislation that could pave the way for additional free trade agreements with Latin American nations. This development comes as concerns mount over China’s growing economic influence in the region. What Happened: Chris Dodd, former senator and...

In a recent development, the shares of Diageo Plc (NYSE:DEO) have taken a hit, dropping over 3%. This comes after the company, known for its Johnnie Walker whisky and Tanqueray gin, reported a decline in organic net sales, missing analyst estimates. The spirits giant also warned of further...

Rep. Alexandria Ocasio-Cortez (D-N.Y.) urged the U.S. government to officially apologize for its history of interventions in Latin America. What Happened: In a recent dialogue with The Guardian, AOC urged the US to confront its past mistakes as a crucial step towards establishing...

Clivi, a Mexico-based diabetes management startup, is aiming to revolutionize healthcare delivery for over 40 million adults with diabetes in Latin America, TechCrunch reports. Addressing a Healthcare Gap With an average of one endocrinologist per nearly 10,000 patients in Mexico, Clivi’s CEO...

In Latin America, e-commerce remains in the early stages, garnering just 6% of total sales in the region, according to Nuvemshop. Delivery and payment processes are two of the barriers that are slowing growth in the region, but Nuvemshop believes it can solve both issues. The company, based in Sao...

Amazon.com, Inc. (NASDAQ: AMZN) is the biggest e-commerce company and the fifth most valuable company in the world with a market capitalization of $1.8 trillion. Shares of the company have turned in an impressive 374% return over the last five years for shareholders. There is a lesser-...

Codere Online announced a SPAC deal with DD3 Acquisition Corp II (NASDAQ: DDMX) to become the first publicly traded online sports betting and gaming company in Latin America. Codere Online is valued at $350 million in the SPAC merger. Current DDMX public shareholders will own 25.1% of the...

Venture capitalist Hernan Kazah explores options to invest the $1 billion raised by his firm Kaszek Ventures to tap the pandemic induced demand surge for the tech companies, Bloomberg reports. The firm opted for Latin America’s most prominent venture capital round after identifying...