Tech: MercadoLibre Keeps Winning
- Author
- The Motley Fool
- Published
- Fri 21 Feb 2020
- Episode Link
- https://wherethemoneyis.libsyn.com/tech-mercadolibre-keeps-winning
The Amazon/PayPal/Square/eBay/Craigslist of Latin America MercadoLibre reported earnings in February and it was another blowout quarter for the company. The company's more mature e-commerce business is still going strong, but it has found a huge growth lever in its Mercado Pago payments platform. We explain how more and more Mercado Pago transactions are happening off-platform and why that's a good thing for investors.
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Stocks: MELI
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