E-Comm in LatAm
This is a good sign for $MELI as the COVID pull forward appears to be permanent much more permanent compared to the US.

Encouraging to see given the significant headwinds globally. Proves that LatAm is a market with ample opportunity still and early on in their growth curve of E-Comm adoption and digitization.

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Rihard Jarc's avatar
I keep getting impressed by Lat-Am regarding the e-commerce and fintech adoption there and how the people respond well to new technologies.
Beaver Capital's avatar
@rihardjarc agreed - they are really capitalizing on digitization.
Rihard Jarc's avatar
@beaver_cap Not sure what makes Lat-am that different when it comes to this aspect compared to other emerging markets. have any insights on this matter?
Beaver Capital's avatar
@rihardjarc imo it would be mainly due to being further behind on the adoption curve than the US going into COVID. Now that pull forward is more permanent in Brazil & LatAm
Rihard Jarc's avatar
@beaver_cap True, but any idea why this region is more responsive than for example Asia and other emerging regions?
Beaver Capital's avatar
@rihardjarc hmm specifically to Asia they are much further ahead than LatAm for digitization. For other EM’s I think LatAm is in the perfect spot of the growth curve for adoption to stick
Rihard Jarc's avatar
@beaver_cap Thx great graph.

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