MELI's margins are getting squeezed. Operating margin dropped to 9.8 percent and gross margin fell 260 basis points. Now that hurts. They're spending like crazy on shipping subsidies and credit cards to keep up with Shopee and Temu. Shopee... — read more 

For those who are patient, MercadoLibre could help produce exceptional returns in the long run. It's not a guarantee but it's as close as it comes to it, in my opinion. The company keeps posting excellent results and its eCommerce keeps growing its... — read more