Transcript
Introduction
Matt
This is Matt Reustle and today we are breaking down the LatAm e-commerce giant Mercado Libre. My guest is Daniel Wu of Bristlemoon Capital and when Bristlemoon wrote a deep dive on Mercado Libre, it caught my attention. I was introduced to Meli about 15 years ago when it was still the eBay of LatAm and similar to a place that you revisit after a long time away, Meli looks a lot different than those early days.
Just consider that with a $120 billion market cap, Meli is three times the size of eBay today and has clearly evolved since those early days. So Daniel walks us through the business as it stands today and how Meli paired this Amazon-like e-commerce approach with a complimentary but equally impressive fintech business to fuel the company.
We get very into the weeds of the segment, so if you're into that business analysis, you're going to get a lot of detail in terms of all of the different engines that make Mercado Libre work. This was a fun episode for me. It's an incredibly interesting business with an incredible backstory and founder story. So please enjoy this breakdown of Mercado Libre.