Better Buy: Alibaba vs. MercadoLibre
The e-commerce industry is on an upward trajectory, and several companies are profiting from this growth. Two such companies are Alibaba (NYSE: BABA), whose most important market is China, and MercadoLibre (NASDAQ: MELI), which operates primarily in Latin America.
Both companies have performed well on the stock market this year, with MercadoLibre's 103% year-to-date gain outpacing that of Alibaba at 56%. There's no doubt that both of these e-commerce giants are growth stocks worth considering. With that being said, let's dig into their respective businesses and figure out which of the two companies is the better buy today.
Alibaba's core commerce segment generates the bulk of its revenue, but there's also the company's cloud computing segment via Alibaba Cloud, and its digital media and entertainment segment, which is led by its online video platform Youkou. In short, Alibaba's revenue is diversified beyond e-commerce.
Source Fool.com
