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MercadoLibre continues to shine for investors looking to rise to the wave of e-commerce and fintech in Latin America. It is the king of the region. It has created a whole world: online buying, payments, shipping, and loans. A complete ecosystem.
The numbers are crazy. Mercado Pago already has 67.6 million active users. It grew by 30% in a year. And the payment volume... skyrocketed to $64.6 billion! 61% more than last year. Crazy.
It seems that the more people use MercadoLibre, the stronger it becomes. Especially in Brazil and Mexico. It's like a snowball.
Be careful, not everything is rosy. Latin America has its issues. Politics and the economy can sometimes be a mess. And lending money... well, it can be risky around here.
But well, MercadoLibre seems to be going all in. People are increasingly buying online and using more digital financial services. For those looking to grow in emerging markets, MercadoLibre is like a rocket in the long term. Or so they say.