Here's Why MercadoLibre Could Be a Multibagger From Here

E-commerce has been one of the greatest beneficiaries of the events of 2020. The pandemic and resulting lockdowns caused a rapid adoption of digital commerce, with many consumers joining the fray for the first time. The changes in consumer behavior sent merchants scrambling to join the e-commerce revolution or increase their online presence.

On this episode of Fool Live that aired on Nov. 23, Motley Fool co-founder David Gardner and Fool.com contributor Danny Vena were joined by Federico Sandler, MercadoLibre's (NASDAQ: MELI) head of investor relations, and discussed the accelerating adoption of e-commerce in Latin America and what it means for the market leader.

Continue reading

Source Fool.com