Mercadolibre's (NASDAQ: MELI) stock had a great run over the last five years after delivering around a 220% return to shareholders (as of this writing). But that's after it declined more than 60% from its peak of $1,970 per share!

Investors who missed the boat might be eager to buy the stock during this price correction. Before they do so, here are two crucial aspects of the company that they should know.

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Source Fool.com