MercadoLibre or Meli as its shareholders adoringly call it, operates under six distinct branches of business. The dominant ones are the Market Place and Mercado Pago, the region’s leading digital payments name. On top of this MercadoLibre also operates a credit line, a real estate division, and MercadoShops which is a software platform that helps sellers get started in the MarketPlace. Let’s take a look at how MercadoLibre is set to perform over 2021 and beyond. Learn more
Final Verdict:Amazon and Sea Limited encroaching on Latin America is enough concern to be slightly bearish about MercadoLibre’s long-term growth potential. It will probably never be replaced, but if enough competition enters the market, MercadoLibre will find it difficult to continue to succeed as much as it has over the last decade. Given the current climate, I actually prefer shares of Sea Limited over MercadoLibre at this point in time.