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Strategies & Market Trends : MELI MercadoLibre
MELI 235.26+1.0%10:58 AM EDTNews

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From: Savant5/5/2011 2:38:36 AM
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MercadoLibre, Inc. Reports Financial Results for First Quarter 2011
May 4, 2011 (GlobeNewswire via COMTEX) --

* Q1'11 net income increased by 46.1% year-over-year to $14.1 million




* Items sold during Q1'11 increased by 30.7% year-over-year to 10.9
million




* Total payments transactions in Q1'11 increased by 148.8% to 2.6
million




BUENOS AIRES, Argentina, May 4, 2011 (GLOBE NEWSWIRE) -- MercadoLibre, Inc.
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