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Added to YB: 2024-06-04

Pitch date: 2024-04-19

MELI [bullish]

MercadoLibre, Inc.

+47.77%

current return

Author Info

No bio for this author

Company Info

MercadoLibre, Inc. operates online commerce platforms in Brazil, Mexico, Argentina, and internationally.

Market Cap

$105.2B

Pitch Price

$1.4K

Price Target

N/A

Dividend

N/A

EV/EBITDA

25.94

P/E

50.64

EV/Sales

4.24

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)