Tag: mercadolibre

Nov 23 2021

Brazilians To Invest In Crypto Via LatAm’s E-Shop Giant MercadoLibre

The largest online commerce platform in Latin America, MercadoLibre, will allow its Brazilian customers to buy, sell and hold crypto using MercadoPago's digital wallet. The company's revenues through digital transactions rose during the pandemic, and it is now looking to expand its "financial inclusion" horizons. Earlier in the year, the company had reported that 60% of their entire value comes from MercadoPago, its...

Nov 22 2021

Latin America's Largest Company To Enable Bitcoin Investments Via Payments App

Brazil customers will soon be able to buy, sell, and hold bitcoin via MercadoPago, MercadoLibre’s payments app.Brazilians will soon be able to buy, sell, and hold bitcoin via MercadoPago, MercadoLibre’s digital payments app.MercadoLibre, known in Brazil as MercadoLivre, is the country’s biggest ecommerce platform.It is unclear whether customers will be able to withdraw their bitcoin...

May 22 2021

The Real Estate Transaction Turned Rollercoaster By Dogecoin And Elon Musk

Elon Musk strikes again! Via Yahoo! Money we receive the story of Kyle Seyboth, a Rhode Island realtor. He accepted 160,000 DOGE,...

May 06 2021

Latin American E-Commerce Giant MercadoLibre Bought $7.8 Million Of Bitcoin

MercadoLibra, a publicly-traded e-commerce giant, disclosed a $7.8 million bitcoin purchase and plans to hold the BTC indefinitely.Argentina-based e-commerce leader MercadoLibre has disclosed that it purchased $7.8 million worth of bitcoin earlier this year, with plans to hold the asset on its balance sheet indefinitely.According to...

Latin America’s Biggest Online Marketplace, MercadoLibre, Disclosed Bitcoin Holdings

On a financial results report dated May 5th, e-commerce giant MercadoLibre dropped the bomb. The company is the latest institution to add Bitcoin to its balance sheet. It follows...

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