Financial PerformanceHigher top line growth with certain positive surprises, such as higher Mexico GMV, ultimately led to a positive reaction on D+1 of results.
Fintech MomentumStrong growth in GMV, TPV, and revenue across commerce and fintech sectors, indicating solid overall performance despite profitability challenges.
Market ExpansionMELI's changes in shipping policies and increased marketing are seen as the correct response to the competitive environment in Brazil.