MercadoLibre Sees Success Despite Shaky Economy

While many businesses are struggling to survive during recent lockdowns caused by the spread of COVID-19, eCommerce and payments companies have seen a surge in usage during this time. Data shows eCommerce order volume has increased by 50 percent compared to 2019, with nearly half of global consumers saying that they don’t expect to resume shopping in brick-and-mortar shops for “some time” or “a long time” once lockdowns ease...