Best Stock to Buy Right Now: MercadoLibre vs. PDD Holdings
MercadoLibre(MELI) The Motley Fool·2024-10-02 08:21
Which of these high-growth e-commerce companies has more upside potential?MercadoLibre (MELI 0.69%) and PDD (PDD 8.03%) are two of the fastest growing e-commerce companies in the world. MercadoLibre is the top e-commerce company in Latin America, while PDD is the third largest player in China.Both stocks have skyrocketed since their debuts. MercadoLibre went public in 2007, and it's surged more than 11,370% from its IPO price of $18 to about $2,037 recently. PDD went public at $19 in 2018, and it's rallied ...