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By this, I mean further reducing low-margin resale revenue and driving a higher level of services, including those directly associated with AI and automation. Our results continue to be impacted by the year-to-year decline of resale revenues, which was 90 basis points of the 4.5% Our financial focus is on improving the business mix.
> #CVC Mercado Libres MELI Fund made an undisclosed investment in Carflix, a Brazilian car resale marketplace. Venture investment in resale marketplaces is on the rise, with recent deals for new unicorn Kavak (cars), Trocafone (electronics), and Repassa and GoTrendier (clothing). > SP Ventures reached a US$17.2m
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