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Latin America's Biggest E-Commerce Platform Is Growing Fast and Shows No Signs of Slowing Down

A company named MercadoLibre (MELI 0.52%) is the largest e-commerce platform in Latin America, doing business in major economies such as Argentina, Brazil, Mexico, and Colombia. But it's far more than just an e- commerce company. It's an interesting combination of business segments and these parts work together to form a powerful growth engine. In 2024, MercadoLibre grew its total net revenue by a little more than 37% to $20.8 billion. Growth at this scale is impressive. And the company also did it in style ...