Key Takeaways MercadoLibre's ability to sustain growth will depend on managing inflation-driven costs and credit risk.Second-quarter sales and marketing expenses rose nearly 50% in dollar terms to sustain inflation-hit demand.Ongoing expansion plans may keep fixed costs elevated as the company pushes into logistics and financing.MercadoLibre (MELI) has established itself as Latin America’s dominant e-commerce and fintech platform through its Mercado Libre Marketplace and Mercado Pago services. However, pers ...