MercadoLibre, Inc. (NASDAQ:MELI)
CAPS Rating:
An online trading company which focused on enabling e-commerce and its related services.
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An online trading company which focused on enabling e-commerce and its related services.
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Quick ratio is low. Lack competitors in Spanish speaking market in Mexico, Argentina and rest of Latin America. Increasing revenues being only a couple years into cycle. Look for continued growth and Pago platform is very successful. American firms cannot duplicate local knowledge of how business runs with latino consumers.