I Significantly Increase My Holdings in MercadoLibre with Further Weakness! Here’s My Scenario until 2030!
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MercadoLibre (i)(MELI) is one of the most exciting growth companies outside the USA for me. The company connects Mercado Libre, the leading e-commerce marketplace in Latin America, with Mercado Pago, a fintech ecosystem encompassing payments, accounts, loans, and asset products. In Q3, MercadoLibre counted 94 million and Mercado Pago nearly 93 million monthly active users. Growth Remains Exceptional Revenue jumped to 10.75 billion USD in Q3, a 45% increase. The transaction volume reached 22.8 billion USD, while 108.8 billion USD was processed...
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