$52.55 -1.90 (-3.49%)
12/3/2009 4:00 PM

MercadoLibre, Inc. (MELI)

CAPS Rating: 3 out of 5

An online trading company which focused on enabling e-commerce and its related services.

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1
Member Avatar dvena (63.01) Submitted: 5/5/2009 8:20:58 PM : Outperform Start Price: $28.30 MELI Score: +64.04

MELI is the Craig's List, eBay, Amazon and Paypal of Latin America all rolled up in one. They are the number one or number two provider in most of the countries they serve. Latin America's internet usage is growing, but has a long way to go to catch up with the percentage of internet users in the US.

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