Federico Sandler | MercadoLibre, Inc. |
Pedro Arnt | MercadoLibre, Inc. |
Osvaldo Giménez | MercadoLibre, Inc. |
Michael J. Olson | Piper Jaffray & Co. |
Stephen Ju | Credit Suisse Securities (NYSE:USA) LLC |
Ravi Jain | HSBC Securities USA, Inc. |
Deepak Mathivanan | Barclays Capital, Inc. |
Brad Erickson | KeyBanc Capital Markets, Inc. |
Richard Cathcart | Bradesco BBI |
John Coffey | Susquehanna Financial Group LLLP |
Robert E. Ford Aguilar | Bank of America Merrill Lynch |
Good day, ladies and gentlemen, and welcome to the MercadoLibre Q2 2018 Earnings Call. At this time, all participants are in a listen-only mode. Later, we will conduct a question-and-answer session and instructions will be given at that time. And as a reminder, today's conference call is being recorded. I'd now like to turn the conference over to Federico Sandler.