(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.

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Source Fool.com