Financial And Operational StrengthDespite FX and interest rate headwinds, there is conviction in MELI's operating resilience with eCommerce share gain, credit self-help, and balance sheet flexibility for investing through cycles.
Macroeconomic OpportunitiesMercadolibre is well-positioned to benefit from Argentina's macroeconomic rebound, which is expected to provide upside potential.
Market Share And Competitive AdvantageMercadolibre has a dominant market share of over 50% in Argentina's eCommerce market, positioning it strongly against limited local competition.