Mercado Libre is Latin America’s dominant retail ecommerce player. Although the ecommerce giant faces intense competition from other local players, multibillion-dollar investments will help the company grow and maintain its market share.
Key Question: How are Mercado Libre’s retail ecommerce sales expected to fare over the next year?
KEY STAT: Mercado Libre’s retail ecommerce business continues to grow significantly in Latin America. It will account for more than one-fifth of total online consumer spending in the region this year.
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