Felipe Gustavo S Borges Investment Thesis As LATAM is projected to grow significantly over the coming decades and internet access increases, the e-commerce boom is expected to continue. The strongest player by market share is MercadoLibre (NASDAQ:MELI), defended by strong competitive advantages in the form of a strong brand, network effect, and scale advantages. Although competitors like Amazon (AMZN) remain, my main concern is management taking more risks to achieve growth for the company. This signals to ...