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There's a good article on Mercado Libre's (MELI) business prospects on TheStreet.com:
Investors seem to be betting that a) MELI has several years of 40%+ Y/Y growth ahead of them in their core auction business, as well as an opportunity to take MercadoPago from zero to $50-100M/year revenues in a couple years' time.
For those of you down in Latin America, what are your thoughts?