Mercado Pago Enhances Digital Services with New Point of Sale Software
Mercado Pago, the digital wallet and financial platform of Mercado Libre, announced the integration of a new point-of-sale software that allows inventory management, cash control, and access to performance metrics to reduce losses and improve commercial and staff management.
This system is available for all merchants accepting card payments through the Point Smart terminal, according to a press release.
Just weeks after its launch, at least 1,000 businesses nationwide have integrated the software into their operations.
Quálitas Receives Upgraded Investment Recommendation from GBM
Quálitas, the largest automotive insurance company in the country, received an upgraded investment recommendation from GBM Casa de Bolsa. The rating changed from “market perform” to “outperform,” while the target price remained at 220 pesos.
GBM stated that it revised its estimates due to changes in the competitive dynamics of Quálitas’ primary business, automotive insurance. Additionally, its claim ratio in the first quarter of 2025 remained below 60 percent.
Following the announcement, Quálitas’ stock rose 2.46% to 190.82 pesos, on a day when the S&P/BMV IPC index remained virtually unchanged from Thursday’s close.
TikTok Prepares New App Version Ahead of Potential Sale
The short-form video social network TikTok is developing a new app version for U.S. users before its anticipated sale to a group of investors, according to The Information on Sunday, citing unnamed sources.
U.S. President Donald Trump said on Friday that he would start talking to China about a possible TikTok deal as early as Monday or Tuesday. He mentioned that there is “more or less” an agreement on the app’s sale.
TikTok has planned to launch the new app in U.S. stores on September 5, according to the report.
Earlier this year, an agreement was being prepared to separate TikTok’s U.S. operations and create a new U.S.-based company majority-owned by American investors.
Inocsa Adjusts OPA Offer Price for Catalana Occidente
Inocsa announced last week that it has adjusted the offer price for its voluntary public acquisition (OPA) of Catalana Occidente.
The offer price will consist of a cash payment of 49.20 euros per share of Catalana Occidente or alternatively, an exchange of 1 new Class B share of Inoc for every 43.9464 shares of Catalana Occidente. The adjustment is due to the payment of dividends.
Key Questions and Answers
- What is Mercado Pago’s new software about? The new point-of-sale software integrates inventory management, cash control, and performance metrics to help merchants reduce losses and improve commercial and staff management.
- Why did Quálitas receive an upgraded investment recommendation? GBM Casa de Bolsa changed Quálitas’ rating from “market perform” to “outperform” due to changes in competitive dynamics and a claim ratio below 60 percent.
- What is TikTok’s plan regarding its new app version? TikTok plans to launch a new app version in U.S. stores on September 5, ahead of its potential sale to investors.
- Why did Inocsa adjust its OPA offer price for Catalana Occidente? The adjustment is due to the payment of dividends since launching the voluntary public acquisition.
