Is MercadoLibre Running Out of Room to Grow in Latin America?
MercadoLibre (NASDAQ: MELI) has operated in Latin America since 1999. It does business in 18 countries in the region and hasn't stepped outside of that footprint. As e-commerce competition ramps up, investors are wondering if that's enough ground for this e-commerce and payments processor to continue to grow.
On a Fool Live episode recorded on May 12, Fool contributors Toby Bordelon, Brian Stoffel, and Brian Withers discuss the company's recent results and whether it makes sense for this Latin American operator to expand beyond the region where it was born.
Source Fool.com