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Stock impact report

Want To Become a Millionaire? Put $200,000 Into These 2 Stocks and Hold Until 2030 [The Motley Fool]

MercadoLibre, Inc. (MELI) 
Last mercadolibre, inc. earnings: 2/10 04:01 pm Check Earnings Report
Company Research Source: The Motley Fool
Over the past decade, shares of theSPDR ETF(NYSEMKT:SPYBothMercadoLibreNASDAQ:MELIUpstartNASDAQ:UPSTImage source: Getty Images.MercadoLibre: The Latin American "everything" companyMercadoLibre grew to become $6 billion in size because of its successful e-commerce operations, but the company has massively expanded its optionality and its revenue streams. Now the company makes money in its dominance in logistics and payment markets across 6 countries in Latin America.The company is seeing broad adoption from its newer services, and some of its new services are even growing faster than its primary segment -- its e-commerce business. Its logistics arm -- Mercado Envios -- shipped over 7 million items in Q, and 86% of the company's e-commerce shipments were shipped with Envios. 7% of all fulfillment in MercadoLibre's areas of operation go through Envios, which flexes its broad adoption across the region.Mercado Pago -- its payments platform -- has .6 million unique active users and nearly Show less Read more
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