** 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))
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