Mercado Libre, Inc (MELI) Stock Rating

MercadoLibre is the largest e-commerce marketplace in Latin America, with more than 120 million unique active buyers and 1 million active sellers at year-end 2025. Its business is split roughly between e-commerce, which includes fulfillment and advertising services, and fintech, which covers its payment and digital wallet platform (Mercado Pago) and lending business (Mercado Credito). It operates in 18 countries, with Brazil, Argentina, and Mexico making up more than 95% of revenue.