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Will MercadoLibre Become Latin America's Amazon?

Neil Rozenbaum, The Motley Fool
·2-min read

In this video, I'll be talking about the Latin American stock MercadoLibre (NASDAQ: MELI) and why I believe this is a must-have in your long-term portfolio. The $85 billion Latin American e-commerce opportunity has only penetrated at 6% of retail, compared to 18% globally. Brazil has less than 1% penetration in relation to worldwide retail e-commerce, and yet according to eMarketer, it made the list of "Top 10 Countries Ranked by Retail E-commerce Sales."

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