In the U.S., we now have Meta Platforms, Inc.(NASDAQ: FB), but in Latin America, there's soon going to be Meka. Meka is a partnership between e-commerce giant MercadoLibre (NASDAQ: MELI) and venture capital firm Kaszek, which was founded to invest in leading Latin American technology companies. Between its incredible growth and new stakes in early-stage tech companies -- is MercadoLibre on course to become one of the biggest technology companies in the world?
MercadoLibre has partnered with Paxos in its bid to grant Brazilians access to cryptocurrencies like Bitcoin, USDP and Ethereum.
Zoom Video Communications (NASDAQ: ZM) was already a high-growth company before the pandemic hit. As a result, Zoom's stock price rallied nearly 400% last year. Zoom's revenue still rose 71% year over year in the first nine months of fiscal 2022, but its full-year forecast for 54% growth indicates its momentum is gradually fading.