Group 1 - MercadoLibre Inc reported a significant increase in revenue, with a year-over-year growth of 31% to $2.5 billion in the last quarter [1] - Sea Ltd has shown resilience in its e-commerce segment, achieving a gross merchandise value (GMV) growth of 25% year-over-year, reaching $3.2 billion [1] - Uber Technologies Inc continues to expand its market share, with a 20% increase in total bookings, amounting to $30 billion in the last quarter [1] Group 2 - Coupang LLC has experienced a 15% rise in revenue, totaling $1.8 billion, driven by increased customer engagement and repeat purchases [1] - The overall market for e-commerce and ride-sharing services is projected to grow, with analysts estimating a compound annual growth rate (CAGR) of 15% over the next five years [1] - Competitive pressures are intensifying in the logistics and delivery sectors, prompting companies to innovate and enhance their service offerings [1]
Grab’s Super-App Is Working, But the Market Isn’t Fully Pricing It In