Added to YB: 2024-06-04
Pitch date: 2024-04-19
MELI [bullish]
MercadoLibre, Inc.
+25.37%
current return
Author Info
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Company Info
MercadoLibre, Inc. operates online commerce platforms in Brazil, Mexico, Argentina, and internationally.
Market Cap
$87.0B
Pitch Price
$1.4K
Price Target
N/A
Dividend
N/A
EV/EBITDA
20.45
P/E
43.55
EV/Sales
3.19
Sector
Broadline Retail
Category
growth
Show full summary:
Harding Loevner Emerging Markets Equity Composite Portfolio Holding: MercadoLibre, Inc.
MELI: LatAm's largest e-commerce platform. Mercado Pago payments biz key advantage: 13% of all LatAm retail sales, enables financial inclusion. Boosts MELI's e-commerce lead in Mexico (20% share) & Brazil (40%). Risks: funding credit growth, competition from banks & regulators, but scale & broad customer base help manage.
Read full article (3 min)