Professional
Added to YB: 2026-05-28
Pitch date: 2026-05-20
MELI [neutral]
MercadoLibre, Inc.
+3.93%
current return
Author Info
No bio for this author
Company Info
MercadoLibre, Inc. operates online commerce platforms in Brazil, Mexico, Argentina, and internationally.
Market Cap
$83.6B
Pitch Price
$1.6K
Price Target
N/A
Dividend
N/A
EV/EBITDA
20.18
P/E
43.52
EV/Sales
2.84
Sector
Broadline Retail
Category
growth
SaltLight Capital Portfolio Holding: MercadoLibre, Inc.
MELI (holding update): Cutting Brazil free-shipping thresholds 75% compressed contribution margins 50% YoY, but margin dollars rising as commerce network scales (prior 20% cut led to 3.3x rev growth). Credit card book +87% YoY w/ adequate provisioning despite upfront hits. Cross-border trade leverages existing logistics/payments infrastructure to link China/US suppliers to LatAm buyers. Investing to strengthen moat, not defend current biz.
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