Better Buy: MercadoLibre vs. Alibaba

Leo Sun, The Motley Fool
·5-min read
Better Buy: MercadoLibre vs. Alibaba

MercadoLibre (NASDAQ: MELI) and Alibaba (NYSE: BABA) are two of the world's largest e-commerce companies. MercadoLibre, founded in Argentina in 1999, is Latin America's leading e-commerce player with a presence in 18 countries. Alibaba launched the same year and has become China's top e-commerce and cloud services company.