Reported 3 days ago
Loomis Sayles' first quarter 2025 investor letter highlighted MercadoLibre, Inc. (NASDAQ:MELI) as a leading online commerce platform in Latin America, showcasing impressive growth metrics such as a 13.56% monthly return and a 48.08% increase over the past year. The company benefits from a robust ecosystem of integrated services and a significant user base, positioning it favorably for sustained growth in the booming e-commerce sector across the region.
Source: YAHOO