Amazon Brazil announced the exemption of storage inbound/shipping fees on its fullfillment by Amazon service from Sep 30 to Dec 3rd, coinciding with the Black Friday season.
This could pressure MELI margins in the short term but we’ve seen how this has played out previously.
Interestingly, Visa are already trialing stable coins for cross border payments. I don’t know how stable coins will play out but I think it might be harder to completely disrupt Visa than it might appear.
That is a very solid portfolio. Lately I am following MELI closer and the valuation seems very attractive.
Thank you, it is one of my highest conviction ideas
Looks like Meli has been dropping again this week. Can’t see any specific news… perhaps another buying opportunity?
Amazon Brazil announced the exemption of storage inbound/shipping fees on its fullfillment by Amazon service from Sep 30 to Dec 3rd, coinciding with the Black Friday season.
This could pressure MELI margins in the short term but we’ve seen how this has played out previously.
Visa is also getting on my radar. I have put a value of 320 usd per share on it. I am a bit worried about the whole stablecoin narrative.
Interestingly, Visa are already trialing stable coins for cross border payments. I don’t know how stable coins will play out but I think it might be harder to completely disrupt Visa than it might appear.