
Free Market reports record revenue for a quarter, but action falls
The operating margin was reduced from 12,2% to 6,7%.
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Summary
The operating margin was reduced from 12,2% to 6,7%. This was about 39% growth. The acquisition or means of payment also had a solid quarter, according to the company, with the TPV growing 42% per year in constant currency and increasing market share in all markets.
Furthermore, At a constant exchange rate, growth was 42.9 per cent. Strategic investments in free shipping, credit cards, selection of own products (first-party), cross-border trade (crossborder trade) and MELI + are interconnected parts of the same strategy, which are mutually reinforcing and enhanced throughout the ecosystem, "said the firm in its report.
Cross-referenced from 2 sources.
Factual coreconfirmed by several independent voices
The operating margin was reduced from 12,2% to 6,7%.
reliability moderate2/2 sources
Reported detailssecondary facts, each attributed to its source
This was about 39% growth.
according to El CronistaThe acquisition or means of payment also had a solid quarter, according to the company, with the TPV growing 42% per year in constant currency and increasing market share in all markets.
according to La Tercera (CL) — PortadaAt a constant exchange rate, growth was 42.9 per cent.
according to El CronistaStrategic investments in free shipping, credit cards, selection of own products (first-party), cross-border trade (crossborder trade) and MELI + are interconnected parts of the same strategy, which are mutually reinforcing and enhanced throughout the ecosystem, "said the firm in its report.
according to La Tercera (CL) — Portada
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