Report
R.J. Hottovy
EUR 101.80 For Business Accounts Only

Buyer/seller engagement justify Mercadolibre's shipping/loyalty investments with Amazon lurking.

Wide-moat MercadoLibre's third-quarter update posed the same question as the previous quarter: Do impressive growth trends justify the heavy investments behind its free shipping and loyalty programs? These initiatives are clearly resonating with buyers and sellers (unique buyers and sellers were up 31.1% and 14.1%, respectively), resulting in GMV acceleration (up 94% year over year on a currency-neutral basis--versus 56% last quarter and 61% the quarter before that) and engagement trends (items ...
Underlying
MercadoLibre Inc.

MercadoLibre is engages in an online commerce ecosystem. Co.'s platform is designed to provide users with a portfolio of services to facilitate commercial transactions. Co. integrated e-commerce services includes: the MercadoLibre Marketplace, which is an automated, topically-arranged and user-friendly online commerce service; MercadoLibre Classifieds Service, which users can also list and purchase motor vehicles, vessels, aircraft, real estate and services; MercadoPago payments solution, providing a mechanism that allows its users to send and receive payments online; and MercadoLibre advertising program, which enable businesses to promote their products and services on the Internet.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
R.J. Hottovy

Other Reports on these Companies
Other Reports from Morningstar

ResearchPool Subscriptions

Get the most out of your insights

Get in touch