Hello, everyone, and welcome to the MercadoLibre earnings conference call for the quarter ended June 30, 2018. I am Federico Sandler, head of Investor Relations for MercadoLibre. Our senior manager presenting today is Pedro Arnt, chief financial officer. Additionally, Marcos Galperin, chief executive officer; and Osvaldo Gimenez, executive VP of payments, will be available during today's Q&A session.