MercadoLibre to Increase Investments in Latin American Markets: CFO

The video discusses MercadoLibre's business growth driven by fintech and advertising, with plans to increase investments in Latin America, particularly Brazil. Despite a competitor's bankruptcy, the company remains focused on its strategy and sees opportunities to gain market share. Unlike many tech firms, MercadoLibre is not downsizing but continues to hire, especially in engineering. The company is also narrowing its SPAC targets as part of its corporate development strategy.

What is the company's stance on potential layoffs in the current tech environment?

What is the current status of the target list for corporate development at MercadoLibre?