MercadoLibre's commerce and fintech revenue growth underpins the view that its shares are undervalued at current prices. The attached chart shows quarterly commerce services revenue reaching $4.3 billion and fintech revenue $4.4 billion in June 2026, up from $769 million and $467 million in March 2021. x.com 

MercadoLibre's Brazilian marketplace lead continues to consolidate while delivery costs per order are falling. Its GMV share is 40.5%, against Shopee's 19.8% and Amazon's 11.7%; Amazon is slightly losing share. The numbers also back the company's comments on lower delivery costs. x.com  x.com  x.com 

MercadoLibre's collapsing margins and earnings make its 45-times-earnings valuation look like a value trap. It faces intense competition, and less of its revenue reaches the bottom line; falling earnings make the stock more expensive even as its price falls. Nu Holdings trades at 17 times earnings and Inter & Co at 7 times, with both growing revenue and earnings robustly. Selling MercadoLibre to build positions in companies with better fundamentals is under consideration. x.com  x.com  x.com  x.com 

MercadoLibre is Amazon, PayPal, FedEx and a bank in one, building Latin America's digital infrastructure in early innings with a full-stack data moat no rival has matched across 18 countries. Mercado Pago processes $87B a quarter, two-thirds outside the marketplace, and banking licenses cut out middlemen; logistics delivers 80% of goods within 48 hours and credit defaults run near half the industry rate. Q1 revenue grew 49% to $8.85B. Margin pressure from heavy investment is the trade-off. x.com 

MercadoLibre's marketplace repayment data means much sharper fintech risk pricing, much more revenue per user, a much better loyalty program and even lower churn. Its fintech already has rapidly growing engagement and resilient cross-cycle underwriting; relatively high GDP per capita alongside heavy cash use leaves room to displace cash. Both its marketplace and fintech are growing rapidly. x.com  x.com 

Political uncertainty and Amazon competition have held MercadoLibre's stock back despite a humming business. The company is great and the stock deserves to turn, but at roughly 45 times earnings and only about 12% gained over five years, it has remained a difficult stock to own. x.com  x.com  x.com  x.com 

Latin American equities' sell-off looks overdone as long as the underlying businesses keep growing and fundamentals remain intact. Under that condition, the drop is market noise, and MercadoLibre and Nu Holdings could offer attractive opportunities amid the panic. x.com 

MercadoLibre is the backbone of Latin American digital commerce, and its ecosystem keeps feeding its own growth. E-commerce, Mercado Pago payments, credit, logistics and advertising reinforce each other, as more users bring more transactions, more data and better monetization. Execution is elite, with about 39% revenue growth, about 52% free cash flow growth and expanding margins. The valuation is not cheap, but great businesses rarely are, and this is what long-term compounding looks like. … Show more

South American political unpredictability keeps investors from rewarding MercadoLibre's excellent fundamentals. Today's selloff illustrates that risk, despite the strength of the business. x.com  x.com 

MercadoLibre's growth under Lula makes today's selloff look absurd. On a TTM basis since Q1 2023, revenue is up 206% and EPS 200%; having done so well during his term, it should be fine going forward. x.com  x.com