Codere Online Luxembourg, S.A. Madrid, Spain and Tel Aviv, Israel, May 10, 2024 (GLOBE NEWSWIRE) – Codere Online Luxembourg, S.A. (Nasdaq: CDRO / CDROW) (the “Company” or “Codere Online”) a leading online gaming operator in Spain and Latin America, today announced that it will release its first quarter 2024 results prior to 8:30AM US Eastern
Brazilian FinTech firms are reportedly grappling with a surge in loan defaults, leading to a crisis in the asset-backed credit market. The delinquency rates on unsecured loans offered by companies like Open Co, Nexoos and Gyra+ have exceeded 60%, prompting measures such as mergers, downsizing expansion plans and asset sales, Bloomberg reported Monday (March 27).
The circular economy in Latin America is buzzing with developments that investors need to know about. I’ve written previously about some of the opportunities to invest for growth in Latin America that can drive returns that PE and VC investors are longing to see, while also building out a circular economy in the region. After
Latin American eCommerce and payments firm Mercado Libre is reportedly set to invest a record $2.5 billion in Mexico this year, up from the $1.6 billion spent in 2023. The investment will be distributed across various business areas, including warehouse expansion, logistics network enhancement, loan increases, salary payments, and marketing and technology investments, Bloomberg reported