$MELI So you're telling me every business unit in every economy is accelerating, market share and moat are deepening, and we're going to sell because margins are down? This is one of the most short-term focused markets I've been in.
Ok sharing my thoughts after going through the shareholder letter. $MELI is growing at startup rates 26 years after its launch. They view the Latin American digital economy as being in its very early stages. Because of this, management is actively choosing to invest boldly [image…
Let me be very clear: If you are dumping $MELI on these results, you shouldn't be investing in stocks. This is a $95 billion company growing 49% YoY... Woes about margin compression is meaningless. When the runway is this long, the important thing is taking as much market share […