Mercadolibre Inc vs Newegg Commerce Inc — how do they compare? Mercadolibre Inc trades at $1,821.41 (market cap $92.90B), while Newegg Commerce Inc trades at $13.12 (market cap $270.98M). The key difference: Mercadolibre Inc is far larger — about 342.8× Newegg Commerce Inc's market cap, and Mercadolibre Inc is trading nearer its 52-week high, Newegg Commerce Inc nearer its low. Which is the better fit depends on your goals.
| MELI | NEGG | |
|---|---|---|
Market Cap | $92.90B | $270.98M |
Sector | Consumer Cyclical | Consumer Cyclical |
52-Week High | $2.51K | $128.09 |
52-Week Low | $1.55K | $12.92 |
Enterprise Value | $99.79B | $269.78M |
Trailing returns across standard periods
MercadoLibre runs the largest e-commerce marketplace in Latin America, connecting a network of more than 140 million active users and 1 million active sellers as of the end of 2021 across an 18-country footprint. The company also operates a host of complementary businesses, with shipping solutions (Mercado Envios), a payment and financing operation (Mercado Pago), advertisements (Mercado Clics), classifieds, and a turnkey e-commerce solution (Mercado Shops) rounding out its arsenal. MercadoLibre generates revenue from final value fees, advertising royalties, payment processing, insertion fees, subscription fees, and interest income from consumer and small-business lending.
Read more on MELI →Newegg Commerce Inc is an e-commerce company offering direct sales and an online marketplace platform for IT computer components, consumer electronics, entertainment, smart home and gaming products and provides certain third-party logistics services globally.
Read more on NEGG →