MercadoLibre posts 35.8% GMV growth in Q2, stays competitive with Amazon despite margin pressures

MercadoLibre, Inc. reported strong Q2 results with a 35.8% growth in Gross Merchandise Volume (GMV), showcasing robust operational performance in Latin America. The company continues to compete closely with Amazon, leveraging its fintech and e-commerce integration to drive credit expansion and platform engagement. Despite facing margin pressure from rising non-performing loans and increased costs, MercadoLibre remains a promising long-term investment due to its scalable revenue and improving margins. The stock trades at about 20 times EBITDA, reflecting its growth potential rather than cheap valuation.