Brazil antitrust body rules Apple must lift restrictions on in-app payments
Brazilian antitrust regulator Cade said on Monday that Apple must lift restrictions on payment methods for in-app purchases, among other things, as the watchdog moved to proceed with an investigation into a complaint filed by Latin America e-commerce giant MercadoLibre.
Brazil's Antitrust Regulator Wants Apple To Remove Restrictions On In-App Payments
According to Reuters, the complaint filed by MercadoLibre in 2022 pointed out that Apple imposes its in-house payment system upon developers that offer digital goods or services, and prevents these developers to redirect buyers to their own websites and do their transactions outside the app.
MercadoLibre (NASDAQ:MELI) shares traded in the green on Monday, making it the seventh consecutive day of gains. The stock ...
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MercadoLibre price target lowered to $2,450 from $2,480 at CitiCiti analyst Joao Pedro Soares lowered the firm’s price target on MercadoLibre (MELI) to $2,450 from $2,480 and keeps a Buy rating on the shares. The company’s Q3 results “left an important reminder” ...
Shares of Latin American e-commerce and fintech behemoth MercadoLibre (NASDAQ: MELI) are up over 6,560% since the company's ...
Read here for highlights on the opportunity in MercadoLibre (MELI) stock post-pullback, citing strong growth potential in ...
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MercadoLibre Price Performance Shares of NASDAQ:MELI opened at $1,965.00 on Friday. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.25 and a quick ratio of 1.22. The stock has ...
Three high-growth businesses currently meeting these requirements are Celsius (NASDAQ: CELH), MercadoLibre (NASDAQ: MELI), and Wingstop (NASDAQ: WING). After delivering share price increases ...
MercadoLibre, known as Latin America's e-commerce leader, facilitates diverse transactions across 18 countries. Its expansive platform goes beyond digital purchases, integrating services like ...
MercadoLibre, Inc. engages in the development of an online commerce platform with a focus on e-commerce and related services. It operates through the following geographical segments: Brazil ...
Key Insights Given the large stake in the stock by institutions, MercadoLibre's stock price might be vulnerable ...
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