If You'd Invested $10,000 in Mercado Libre 10 Years Ago, Here's How Much You'd Have Today
MELIMercadoLibre(MELI) fool.com·2024-05-28 17:11

The e-commerce and payments company has grown dramatically, and investors have been rewarded.MercadoLibre (MELI -0.81%) is often referred to as the "Amazon.com of Latin America," due to its e-commerce dominance in key markets like Brazil and Argentina. But there's much more to this business. In addition to its e-commerce marketplace, MercadoLibre also has the massive Mercado Pago payments platform, the Mercado Envios logistics platform, a fast-growing lending business, and more.The company has evolved and h ...