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Investment Manager Doubles Down on MercadoLibre With $51 Million Purchase
Yahoo Finance· 2026-01-21 15:33
The recent purchase by Northcape Capital, an Australian investment manager, of MercadoLibre stock could be significant. Here’s what retail investors need to know.MercadoLibre, Inc. is the leading e-commerce and fintech platform in Latin America, leveraging a broad ecosystem that integrates online retail, payments, logistics, and credit services. The company’s scale, technology infrastructure, and network effects provide a significant competitive advantage in high-growth, underpenetrated markets. MercadoLibr ...