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Julien Brault's avatar

What do you think about their fintech business?

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Jimmy Investor's avatar

There are over 50M active users. I believe Mercado Pago is an essential part of MercadoLibre’s ecosystem, with plenty of growth avenues ahead.

The level of synergy is massive - higher retention, stronger sales conversion, plus additional revenue streams from credit and payments.

If it were a standalone business, it would definitely be on my watchlist.

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