Mercadolibre Inc vs SoFi Technologies Inc — how do they compare? Mercadolibre Inc trades at $1,930.01 (market cap $98.35B), while SoFi Technologies Inc trades at $18.09 (market cap $23.22B). The key difference: Mercadolibre Inc is far larger — about 4.2× SoFi Technologies Inc's market cap, and Mercadolibre Inc is trading nearer its 52-week high, SoFi Technologies Inc nearer its low. Which is the better fit depends on your goals.
| MELI | SOFI | |
|---|---|---|
Market Cap | $98.35B | $23.22B |
Sector | Consumer Cyclical | Financials |
52-Week High | $2.51K | $32.21 |
52-Week Low | $1.55K | $15.15 |
Enterprise Value | $106.00B | — |
Trailing returns across standard periods
Latest headlines on both assets
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 →SoFi is a financial services company that was founded in 2011 and is currently based in San Francisco. Initially known for its student loan refinancing business, the company has expanded its product offerings to include personal loans, credit cards, mortgages, investment accounts, banking services, and financial planning. The company intends to be a one-stop shop for its clients' finances and operates solely through its mobile app and website. Through its acquisition of Galileo in 2020 the company also offers payment and account services for debit cards and digital banking.
Read more on SOFI →