MercadoLibre, Inc. (NASDAQ:MELI)
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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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Latin consumers are just starting to use the internet to shop. As they become accustomed to not taking possession of their purchases as soon as they buy them, use will increase and MELI will appeal because of the culture of haggling. Moreover, MELI is already available in all the large SA markets.