MercadoLibre Stock: Growth Persists Despite Underlying Concerns
04 Julho 2022 - 09:18PM
TipRanks
MercadoLibre (MELI) functions as the most prominent e-commerce and
payment ecosystem in Latin America in terms of unique visitors and
page views by providing a suite of comprehensive technology
solutions across the entire value chain of commerce. The company
has a vigorous footprint in 18 countries, including Brazil, Mexico,
Chile, Peru, and Argentina, enabling commerce through its
marketplace platform in most of Latin America. Some of the
company's other services comprise fintech solutions, e-store setup,
loan financing, and advertising. I remain bullish on the stock.
MercadoLibre Has Grown Substantially, but There are Some
Risks MercadoLibre's revenues grew from $298.9 million in
Fiscal 2011 to $7.
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