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MercadoLibre continues growth investment by focusing on Latin American market

The Motley Fool +1 · ·by G4L

MELI MercadoLibre Inc
$1532.68 +1.50%
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  1. 1MercadoLibre recently delivered 3.2 billion items annually.
  2. 2As of November 6, MercadoLibre's market capitalization is $76 billion.
  3. 3The decrease in profit margins resulted from investments in free shipping, credit expansion, and logistics capacity expansion.

So what's the key point?

MercadoLibre spent money to increase item deliveries and expand logistics facilities. This process caused the remaining profit to decrease.

Source The Motley Fool +1 · View original ↗

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