Feb 12, 2020 / 10:00PM GMT
Irma Sgarz - Goldman Sachs Group Inc., Research Division - Equity Analyst
So good afternoon. My name is Irma Sgarz. I cover the Latin American retail and Internet space. I'm here with Pedro Arnt. Pedro has been with MercadoLibre since '99 and for more than 20 years -- or exactly 20 years, pretty much. And he's been the CFO of the company since 2011. So Pedro, welcome, and thank you very much for being here.
Pedro Arnt - MercadoLibre, Inc. - Executive VP & CFO
Thank you. And it's been a while. So glad to be here again.
Questions and Answers:
Irma Sgarz - Goldman Sachs Group Inc., Research Division - Equity AnalystSo MELI is in the midst of a multiyear investment cycle that's arguably even deepened into the second half of 2019. You just reported your fourth quarter numbers this Monday. Can you just help us understand what the main areas of investment are? Where you are in that cycle, when you think about some growth in the -- specifically the margin cycle going forward?
Pedro Arnt -
Trustpilot
