Earnings Report /
Global

MercadoLibre: Pandemic transforms consumer behaviour

  • Smartphone penetration in Latam is poised to grow further

  • Value in MercadoLibre’s digital payment business, and 'super-app' potential

  • We raise our target price for MercadoLibre by 15% to US$2120, and reiterate Buy

MercadoLibre: Pandemic transforms consumer behaviour
Nirgunan Tiruchelvam
Nirgunan Tiruchelvam

Head of Consumers Equity Research

Tellimer Research
9 August 2021
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