In argentina MELI is a momopoly in ecommerce. In fintech almost the same though there are other competitors like uala or modo which is the solution from banks.
Thanks for the suggestion! Not the biggest fan of those because I do like the diversification that Mercadolibre offers. I think it comes in handy in the turbulence that is Latin-America. Besides, not the biggest fan of loans on my balance sheet. The commerce side of Meli allows for a more balanced and diligent approach to growth and risk taking (that offsets fintech).
3:04 welke site gebruik je maat, kan niet wachten op de earnings hopelijk speelt het goed af.
SeekingAlpha. Mercadolibre stelt weinig teleur. Excellente earnings!
A really interesting bet Thijs!
Thanks Thijs, i owned this in 2019 and sold it close to 2021 highs. Re bought a very small batch last year at current prices.
In argentina MELI is a momopoly in ecommerce. In fintech almost the same though there are other competitors like uala or modo which is the solution from banks.
A comparison of Nubank, Stoneco, PAGS would be great! Better than mercado libre in my research
Regarding fintech in Latin America. Mercado libre has the e commerce no doubt
Thanks for the suggestion! Not the biggest fan of those because I do like the diversification that Mercadolibre offers. I think it comes in handy in the turbulence that is Latin-America. Besides, not the biggest fan of loans on my balance sheet. The commerce side of Meli allows for a more balanced and diligent approach to growth and risk taking (that offsets fintech).
Could you always add the price you are willing to pay for the stock in the description?
Unfortunately I can't, as that changes all the time and is dependent on many factors. Good suggestion though!
🎉
Very expensive stock. Alot of growth already calced in i believe. Fascinating business tho