Better Buy: MercadoLibre vs. Facebook
MercadoLibre (NASDAQ: MELI) and Facebook (NASDAQ: FB) are both high-growth tech companies that dominate their respective markets.
MercadoLibre is the largest e-commerce company in Latin America. It served 132.5 million unique active users across 18 countries in 2020. Facebook's namesake platform is the world's largest social network, and the company also owns Instagram and WhatsApp. Roughly 3.3 billion people access its family of apps each month.
MercadoLibre's stock price has skyrocketed about 1,170% over the past five years as it dazzles investors with its explosive growth in gross merchandise volumes, active users, and revenue. Facebook's stock price has rallied 180% during the same period as its number of users and ad revenue keep climbing.
Source Fool.com
