NASDAQ:MELI (MercadoLibre)

About MELI

MercadoLibre runs the largest e-commerce marketplace in Latin America, connecting a network of more than 140 million active users and 1 million active sellers across its 18-country footprint. The company also operates a host of complementary businesses, with shipping solutions (Mercado Envios), a payment and financing operation (Mercado Pago), advertisements (Mercado Clics), classifieds, and a turnkey e-commerce solution (Mercado Shops) rounding out its arsenal. MercadoLibre generates revenue from final value fees, advertising royalties, payment processing, insertion fees, subscription fees, and interest income from consumer and small-business lending.
  • ‘Cost of living crisis’ triggers hidden opportunity?

    While investors rave about Apple, Google and Amazon, this lesser-known stock has quietly grown 880% over the past 5 years. Its compounded revenue growth also beats all of them! And we think it’s only getting warmed up.

    Every month, it reaches 313 million online users – helping many to shop around and save. Now, with the ‘cost of living crisis’, we believe its influence could soar – potentially triggering imminent new gains.

    Discover ‘One Top Growth Stock from The Motley Fool’.

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