15-07-2021 Latin American Weekly Report
Cuba convulsed by protests, rocking Communist regime
Every week, Andrew Thompson draws on his great wealth of knowledge and experience of Latin America to bring our audience in-depth insights on economics, political risk, and business in the region.
This week, he examines the positive effects of the Covid-19 pandemic on the e-commerce platform MercadoLibre, and considers what they imply for Latin America's business environment going forward.
Twenty-year old e-commerce platform MercadoLibre, first launched in Argentina but now operating in 18 Latin American countries has been booming during the coronavirus crisis, with second quarter revenues surging 61% to US$878.4mn while net income rose to US$55.9mn.
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