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MercadoLibre Inc MELI Stock Quote

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Morningstar‘s Stock Analysis MELI

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Despite Turbulent Regional Macroenvironment, Mercadolibre's Momentum Continues to Impress

Sean Dunlop Equity Analyst

Business Strategy and Outlook

| Sean Dunlop |

MercadoLibre continues to position itself as a one-stop e-commerce solution for Latin American buyers and sellers. The firm has quietly developed a comprehensive ecosystem of mutually reinforcing services, with its core marketplace supported by a payments and lending arm (Mercado Pago), a best-in-breed shipping solution (Mercado Envios), a robust advertising platform, and a volume-generating classifieds business. With 98% of platform gross merchandise volume funneled through proprietary payment rails and more than 91% of items sold shipped managed through Envios, the marketplace operator has effectively addressed two of the biggest pain points in e-commerce.

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Key Statistics MELI

Company Profile MELI

Business Description

MercadoLibre runs the largest e-commerce marketplace in Latin America, connecting a network of more than 140 million active users and 1 million active sellers as of the end of 2021 across an 18-country footprint. The company also operates a host of complementary businesses, with shipping solutions (Mercado Envios), a payment and financing operation (Mercado Pago), advertisements (Mercado Clics), classifieds, and a turnkey e-commerce solution (Mercado Shops) rounding out its arsenal. MercadoLibre generates revenue from final value fees, advertising royalties, payment processing, insertion fees, subscription fees, and interest income from consumer and small-business lending.

WTC Free Zone, Dr. Luis Bonavita 1294, Of. 1733, Tower II
Montevideo, 11300, Uruguay
T +598 29272770
Industry Internet Retail
Most Recent Earnings Sep 30, 2022
Fiscal Year End Dec 31, 2022
Employees 29,957

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