Mercado Libre is the Amazon of Latin America. They provide an e-commerce marketplace along with the ancillary products and services to keep consumers engaged and merchants selling products. Those include payments, loans, e-comm, logistics. The have a loyalty program membership similar to Prime which consistently adds new products and services to keep customers loyal and using the services more frequently. The stock has been a monster outperformer since the 2007 IPO and they are just getting started.
Please remember, this is an emerging market company operating in various countries with high quarterly economic variability and lots of foreign currency volatility. This is NOT advice,, please do your own research to decide what investments are right for you.
For more information about investing in global brands:
https://www.globalbrandsmatter.com/dynamic-portfolio
