MercadoLibre: Incrementally Bullish After Strong Earnings Report
Summary
MercadoLibre's strong e-commerce and fintech growth in Latin America has outperformed expectations, despite macroeconomi...
MercadoLibre's strong e-commerce and fintech growth in Latin America has outperformed expectations, despite macroeconomic and tariff uncertainties. Recent quarters showed impressive revenue and user growth, with marketplace and fintech segments both accelerating, reinforcing MELI's long-term potential. Rising bad debt expense and margin pressure are concerns, but credit quality and provision coverage remain healthy for now.