MercadoLibre continues to shine in the Latin American landscape. It is the king of e-commerce and digital financial services in the region. Its growth? Constant and solid.

E-commerce in Latin America has a long way to go. Imagine, only an 18% penetration. The United States is at 30%, China at 35%. MercadoLibre has fertile ground to grow.

Their free shipping strategy seems to be working. The numbers prove it. Active customers increased by 22% in a year. The volume of goods? An impressive 35% more.

In fintech, MercadoLibre does not lag behind. It leads in active users in three of its four main markets. Its credit portfolio skyrocketed by 85%. With so many people without access to traditional banks, the potential is enormous.

Financially, things look good. Revenue rose by 40% in a year. Operating margin of 13%. They generated $500 million in adjusted free cash flow. Not bad.

The stocks? They are trading at a future P/E of 38 and a price/free cash flow ratio of 22. Considering their growth, it seems attractive for patient investors.

In short, MercadoLibre remains an interesting bet. If you are looking for exposure to the Latin American digital boom, it is worth taking a look. Its market position is solid. Growth opportunities? Abundant. It could be a valuable piece in a diversified portfolio.