(Bloomberg) -- Latin American e-commerce giant MercadoLibre Inc. will keep expanding in the credit space as its fintech arm now accounts for almost half of the firm’s total revenue, according to Chief Financial Officer Pedro Arnt. The company’s credit book has been “very profitable” so far and it makes sense to keep investing, Arnt said in an interview with Bloomberg TV. Loan growth “has been a significant driver and catalyst of more adoption of our wallet,” while helping merchants and giving th
Amazon's iRobot deal is another interesting topic in this "Motley Fool Money" podcast.
Many stocks are still well off their highs. Investors should be taking advantage of these great opportunities.