I have been interested in Latin America for more than 15 years, although my involvement with business in the region started only in 2007, when I visited Buenos Aires for a client engagement. Since then, I have closely followed the ever-growing reach of MercadoLibre, Latin America’s e-commerce leader, in the form of an interview with founder
MercadoLibre (NASDAQ:MELI), Latin America’s eCommerce leader, continues on its growth path despite the poor global economy. Recently announced Q1 revenues of $32.3 million were 12% higher than the previous year’s revenue. The company missed the Street’s expectations of $32.9 million. However, EPS of $0.12 exceeded the market’s expectations of $0.10 and represented growth of 140% over
My long standing interest in development economics has always led me to look for entrepreneurs and businesses with business models that can impact economies. Here’s my latest Forbes column on Latin America, featuring MercadoLibre. I would love to find other similar stories, so if you have one, feel free to reach out.