
MercadoLibre Stock Prepares As Amazon Rival Set To Report Earnings After 103% Profit Surge
Online retailer MercadoLibre (MELI) sits solidly in a flat base with the company’s earnings report around the corner. Sometimes referred to as the Amazon.com (AMZN) of Latin America, MercadoLibre operates the largest online marketplace in Brazil, Mexico, Argentina and 15 other Latin American countries. It reported 57 million unique active buyers on its e-commerce platform as…