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Stock impact report

Smartphone Growth - A Driver Of Ecommerce In Latin America [Seeking Alpha]

MercadoLibre, Inc. (MELI) 
Last mercadolibre, inc. earnings: 2/10 04:01 pm Check Earnings Report
Company Research Source: Seeking Alpha
Smartphone Growth - A Driver Of Ecommerce In Latin America Summary Smartphone adoption rates are growing in Latin America. The adoption of smartphones is helping the expansion of ecommerce in the region. The adoption of 4G may enable more sophisticated internet use. Smartphone adoption has grown rapidly in Latin America, according to a report by GSMA The rapid growth of smartphones has helped the growth of ecommerce. The expected continued growth of smartphone adoption in the region offers the potential for ecommerce to continue to grow. Currently, MercadoLibre ( MELI Investors may gain access to ecommerce in Latin America through direct investment in companies like MercadoLibre, online payment platform Pagseguro Digital ( PAGS Where Are We Now? There were 442 million unique mobile subscribers across Latin America and the Caribbean, accounting for 68% of the population, as of mid-2018. However, the region is characterized by varying levels of mobile subscriber penetration. A number of Show less Read more
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