Giro Lino's avatar
$2.8m follower assets
Excellent beat from $MELI.
Rev growth +67% (vs. our +62.8%)
GMV growth +32% (vs. our +28.8%)
TPV growth +81% (vs. our +64.4%) 😮
Forget about macro headwinds when talking about $MELI. The company is in a league of its own.

Young Money Capital's avatar
Do you think this is a positive sign for $SE as well or do you think they’re not similar enough?
Giro Lino's avatar
@youngmoneycapital yeap. in fact, i know $SE's logistic partner in Brazil. he reported almost 90% volume growth yoy. I'm sure they'll print great growth, though the AOV looks unchanged (huge cash burn)
Young Money Capital's avatar
@girolino that’s good to hear. Thank you for sharing.