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"MercadoLibre Is Worth the Premium" says RealMoney research associate.

1:40 am on Oct 10, 2007 (gmt 0)

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The biggest Internet IPO in the history of Latin America happens, and there's not even a peep about it on the WebmasterWorld LatAm forum?

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?


4:37 am on Oct 10, 2007 (gmt 0)

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Well, it's not a search engine is it? ;)
The writer of the article certainly thinks its stock has got a lot of potential.