This Company May Be the Amazon of Latin America

Posted: 2020-06-08

MercadoLibre, Inc. seems to be the everything store of Latin America. It operates online commerce platforms that enable businesses and individuals to list merchandise and conduct sales, a financial technology solution platform, that allows merchants to process transactions via their Websites and mobile apps, and allows merchants to process transactions via their Websites and mobile apps. They also offer an asset management product, a lending solution, a logistics solution, and a software-as-a-service hosted online store solution.

MercadoLibre is like Amazon + Square - AWS + Wix.

This is a growth company's revenue has doubled from 2017 to 2019. and the stock price shows. The stock price has risen 188% in 2 years.

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