** Latin American e-commerce giant MercadoLibre MELI.O shares jump ~13.01% to $2,384.99 premarket

** After market close on Thursday, MELI reports better-than-expected Q4 profit, driven by improved logistics efficiency

** MELI reports Q4 net income of $639 mln, beating analyst estimates of $401.5 mln, according to data compiled by LSEG

** At least three brokerages raise PTs on the stock after results

** As of last close stock up ~24.1% YTD

(Reporting by Prakhar Srivastava in Bengaluru)

((Prakhar.srivastava2@thomsonreuters.com))