Investors in Mercadolibre Inc (NASDAQ: MELI), a leading e-commerce company in Latin America, have had a great time as the stock appreciated by more than 160% in the last five years. Solid growth in its e-commerce and fintech businesses has been the main driver of its stock performance.

Potential investors might consider investing in the company to ride the e-commerce-penetration tailwind in Latin America. But before they commit their hard-earned capital, there are two significant risks to watch.

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Source Fool.com