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Sea Is Making a Big Move in E-Commerce -- the Same Move That Catalyzed Growth for MercadoLibre
SESea(SE) fool.com·2024-05-19 07:00

There have been multiple catalysts for MercadoLibre in recent years, but one can't overlook how much more compelling the e-commerce platform is today compared to years past. In Q1 2019, less than half of the items on the company's platform could be delivered in 48 hours or less. Now it even offers same-day shipping in certain cases with 52% of Q1 2024 shipments arriving on the same day or next day. Reducing delivery times can help drive adoption. For those who have been holding shares of Latin American e-co ...