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March 12, 2019 11:54 am GMT

PayPal to invest $750M, and Dragoneer $100M, into MercadoLibre, Argentinas e-commerce powerhouse

It’s not only SoftBank that’s eyeing up the opportunity to tap into the quickly expanding market for e-commerce in Latin America. MercadoLibre, a marketplace and financial services powerhouse based out of Argentina and serving 18 countries across the region, hasannounced that PayPal is investing $750 million, and investment firm Dragoneer another $100 million, as part […]

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