Menu
sharewise sharewise
Log in
Sign up
Log in
Sign up
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

MercadoLibre Shares Take a Hit on Fears That Amazon Is Moving South

TheMotleyFool 
0 0 19.10.17
MercadoLibre Shares Take a Hit on Fears That Amazon Is Moving South
 
MercadoLibre Shares Take a Hit on Fears That Amazon Is Moving South

In this segment of the Motley Fool Money podcast, host Chris Hill, Million Dollar Portfolio's Jason Moser, Supernova and Rule Breakers' David Kretzmann, and Motley Fool Hidden Gems' Andy Cross discuss the rising speculation that Amazon.com (NASDAQ: AMZN) is preparing to enter Brazil, the most populous nation in South America. It's the biggest single market for MercadoLibre (NASDAQ: MELI), and would be a beachhead for the U.S. giant to make further inroads into its territory. But there's reason to believe that MercadoLibre can beat Amazon in the markets where it already dominates the online retail scene.

A full transcript follows the video.

Continue reading


Source: Fool.com

Amazon.com Inc. Stock

€171.56
0.140%
The Amazon.com Inc. stock is trending slightly upwards today, with an increase of €0.24 (0.140%) compared to yesterday's price.
With 145 Buy predictions and not a single Sell prediction Amazon.com Inc. is an absolute favorite of our community.
With a target price of 189 € there is a slightly positive potential of 10.17% for Amazon.com Inc. compared to the current price of 171.56 €.
Show more
Like: 0
AMZN
Share

Comments

Not a member yet? Sign up for free!