Better Buy: MercadoLibre vs. Amazon
At first glance, MercadoLibre (NASDAQ: MELI) and Amazon (NASDAQ: AMZN) may not appear comparable. MercadoLibre is an Argentina-based e-commerce and software company with a market cap under $39 billion. Amazon is a retail and tech conglomerate. At a market cap of about $1.2 trillion, only two publicly traded companies in the world have grown to larger size.
MercadoLibre has become the dominant retailer in Latin America. However, its much larger peers, Amazon and China-based Alibaba, are making inroads in the company's home region. As retail competition heats up south of the border, investors will have to decide whether they believe they can earn higher returns on the smaller regional player, or whether they want to go with the more established retail giant.
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Source Fool.com
