MercadoLibre and Nubank Post Strong Quarterly Results

by Trading & Investing |

Both MercadoLibre Inc. (MELI) and Nubank (NU) posted strong quarterly results on Tuesday, which could bode well for the Emerging Markets Internet & Ecommerce ETF (EMQQ) and the Next Frontier Internet & Ecommerce ETF (FMQQ). According to the earnings statement from MercadoLibre released on Tuesday, sales growth for the Buenos Aires-based e-commerce giant exceeded expectations, beating the […] Read more at ETFtrends.com.