Mercadolibre Inc vs Okta, Inc. — how do they compare? Mercadolibre Inc trades at $1,821.41 (market cap $92.90B), while Okta, Inc. trades at $141.58 (market cap $25.79B). The key difference: Mercadolibre Inc is far larger — about 3.6× Okta, Inc.'s market cap, and Mercadolibre Inc is trading nearer its 52-week high, Okta, Inc. nearer its low. Which is the better fit depends on your goals.
| MELI | OKTA | |
|---|---|---|
Market Cap | $92.90B | $25.79B |
Sector | Consumer Cyclical | Technology |
52-Week High | $2.51K | $154.62 |
52-Week Low | $1.55K | $62.93 |
Enterprise Value | $99.79B | $23.62B |
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 →Okta is a cloud-native security company that focuses on identity and access management. The San Francisco-based firm went public in 2017 and focuses on two key client stakeholder groups: workforces and customers. Okta's workforce offerings enable a company's employees to securely access its cloud-based and on-premises resources. The firm's customer offerings allow its clients' customers to securely access the client's applications.
Read more on OKTA →