Professional
Added to YB: 2024-12-03
Pitch date: 2024-09-30
MELI [bullish]
MercadoLibre, Inc.
-4.53%
current return
Author Info
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Company Info
MercadoLibre, Inc. operates online commerce platforms in Brazil, Mexico, Argentina, and internationally.
Market Cap
$102.2B
Pitch Price
$2.1K
Price Target
N/A
Dividend
N/A
EV/EBITDA
25.25
P/E
49.21
EV/Sales
4.12
Sector
Broadline Retail
Category
growth
Show full summary:
Alger Spectra Fund Portfolio Holding: MercadoLibre, Inc.
MELI: LatAm's top e-commerce & fintech platform. Strong network effects in e-commerce, logistics, & fintech. Q2 earnings beat, revenue exceeds estimates, market share gains in all regions. Mercado Pago users +37% YoY. Expanding ecosystem reinforces market position, challenges competitors.
Read full article (1 min)