RIO DE JANEIRO, BRAZIL - The pandemic, which forced the world's population to shop more online as a result of isolation measures, has turned the e-commerce firm, already one of Latin America's most valuable companies, into a regional titan.
From the onset of the Covid-19 crisis, in March, to date, the market value of the company, listed since 2007 on the U.S. Nasdaq stock exchange, soared from US$27 billion to almost US$77 billion, an increase of 185%.
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