Irma Sgarz

could you just help us understand what perhaps changed from the fourth quarter that you reported in late February to now

how you think about the risks and preparing for some of those risks of ad monetization moving further up the funnel

quick question on the direct contribution margin in Argentina, which was down a little bit quarter-over-quarter

can you break down increase by brand-new users versus those that were previously active users, but perhaps not at each and every quarter

should we think about the spend of this quarter as a little bit of a -- I don't want to call it one-off, but as maybe perhaps a slight outlier

1P GMV posted some really solid growth. Can you talk a little bit in more detail about what drove this growth and what categories perhaps contributed more

how you think or encourage us to think about tailwinds and headwinds for margin in this geography in 2025

in Brazil, the contribution margin was down a bit year-over-year, if my quick glance was okay