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eBay to sell ‘majority’ of its stake in MercadoLibre

  eBay has announced that it will sell the majority of its stake in Latin America's largest e-commerce technology company MercadoLibre. Seeking Alpha reports that the e-commerce giant plans to sell 5.5M shares in MecadoLibre in a follow-on offering and that the underwriters will also have the option to purchase another 825K shares from eBay. eBay […]
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