Mercadolibre reports second quarter 2020 financial results

Mercadolibre, inc. reports second quarter 2020 financial results.q2 earnings per share $1.11.q2 revenue $878.4 million versus refinitiv ibes estimate of $732.2 million.q2 earnings per share estimate $-0.06 -- refinitiv ibes data.qtrly unique active users grew 45.2% reaching 51.5 million.qtrly total payment volume through mercado pago reached $11.2 billion, a year-over-year increase of 72.1%.paypal is now available for cross-border transactions on mercado libre in brazil and mexico.
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