MercadoLibre develops an online commerce platform offering e-commerce services across 18 Latin American countries. Its ecosystem includes six integrated services: marketplace, classifieds, payments, credit, logistics, and advertising.
MELI has been in the news recently: MercadoLibre Inc. (MELI) shares are currently priced at $2393.34, experiencing a slight decline of 0.13% today and a 6.66% drop over the past month, but they have increased by 51.43% over the past year. The company has achieved a 27.88% average annual return over the last 15 years, surpassing market performance, and has a market capitalization of $119.44 billion, with positive sentiment from financial analysts indicated by unusual options trades.
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