MercadoLibre (MELI) Stock: Sinks After Hours Despite 50% Revenue Growth and Fintech Boom

TLDR MercadoLibre revenue jumped 50% to a record $10.2 billion during Q2 2026 alone. MELI stock fell 4.65% after hours despite strong growth across core divisions. Mercado Pago payment volume topped $100 billion as active users rose 30% YoY. Commerce GMV reached $22 billion as Brazil and Mexico delivered solid growth. Advertising revenue surged 73% [...]

The post MercadoLibre (MELI) Stock: Sinks After Hours Despite 50% Revenue Growth and Fintech Boom appeared first on Blockonomi.