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Stock impact report

Smartphone Growth - A Driver Of E-Commerce 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 E-Commerce In Latin America Summary Smartphone adoption rates are growing in Latin America. The adoption of smartphones is helping the expansion of e-commerce 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 e-commerce. The expected continued growth of smartphone adoption in the region offers the potential for e-commerce to continue to grow. Currently, MercadoLibre ( MELI Investors may gain access to e-commerce 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 numb Show less Read more
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