MercadoLibre's Trading Volume Surges 44% to 7.93 Billion, Secures 89th Spot in Market Rankings

On April 29, 2025, Mercadolibre's trading volume reached 7.93 billion, marking a 44.01% increase from the previous day, placing it at the 89th position in the day's stock market rankings. Mercadolibre(MELI) rose by 3.28%.

MercadoLibre, the Latin American e-commerce giant, has announced its intention to relocate its U.S. legal headquarters to Texas. This strategic move is aimed at enhancing operational efficiency and aligning with the company's growth plans in the region. The decision comes as MercadoLibre continues to expand its presence in the U.S. market, leveraging its strong brand and extensive user base in Latin America.

This relocation is part of a broader strategy to optimize its legal and regulatory framework, allowing the company to better navigate the complexities of the U.S. market. By moving its legal home to Texas, MercadoLibre aims to streamline its operations and reduce compliance costs, ultimately benefiting its shareholders and customers.