COVID-19 Boosting Mercadolibre’s Growth

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COVID-19 has drastically shifted consumption to online platforms. Just in the last few weeks, Mercadolibre registered 1.7 million new customers. Overall, the number of deliveries also reached a record high, averaging more than 1.1 million orders per day.

Evo theaters: Social distancing and watching movies

With worldwide drop in movie theater business due to COVID-19, EVO Entertainment quickly shifted its business model from closed physical theaters to open air drive-in theaters in its parking lots. Alongside, it also delved into grocery delivery services to expand its revenue streams at this time.