Back to Reports

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.

All stock recommendations and comments are the opinions of the writer.
Investors should be cautious about any and all stock recommendations and should consider the source of any advice on stock selection. Various factors, including personal ownership, may influence or factor into a stock analysis or opinion. All investors are advised to conduct their own independent research into individual stocks before making a purchase decision. In addition, investors are advised that past stock performance is not indicative of future price action.
Recent Reports