Better Buy: MercadoLibre vs. Sea Limited
(NASDAQ: MELI) and Sea Limited (NYSE: SE) dominate two of the world's fastest-growing e-commerce markets. MercadoLibre is the market leader in Latin America, where it operates its online marketplace across 18 countries. Sea's Shopee is the e-commerce leader in Southeast Asia and Taiwan.
MercadoLibre and Sea also integrate their own digital payment services -- Mercado Pago and Sea Money, respectively -- into their own online marketplaces. But there's one key difference: MercadoLibre's core business revolves around its online marketplace, while Sea owns a video game publisher called Garena. Garena's top game, the battle royale title Free Fire, is currently one of the world's most downloaded mobile games.
Image source: Getty Images.
Source Fool.com
Mercadolibre Inc Stock
With 24 Buy predictions and not a single Sell prediction Mercadolibre Inc is an absolute favorite of our community.
As a result the target price of 1792 € shows a slightly positive potential of 10.05% compared to the current price of 1628.4 € for Mercadolibre Inc.
