MercadoLibre CEO flags loan‑book sales, plays down Venezuela expansion

Corroborated by 2 sources from 2 publishers

latin_americabusiness4h ago

TL;DR

Reports differ across sources; according to finance.yahoo.com, by Lucinda Elliott BUENOS AIRES, April 29 (Reuters) - MercadoLibre could sell parts of its fast-growing loan book to support its fintech business, its chief executive told Reuters, adding that operations in Venezuela remain small and unchanged, as investors weigh credit risk ahead of first-quarter earnings.

Sources