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$SE & $MELI:
Marco & team think Forrest & team are amazing. They are tracked carefully. $SE's expansion into LATAM is around low ASP items, long delivery time, cannibalizing Aliexpress.
They can't compete with the Fast/Free delivery with an incumbent that had 20 years headstart
Marco & team think Forrest & team are amazing. They are tracked carefully. $SE's expansion into LATAM is around low ASP items, long delivery time, cannibalizing Aliexpress.
They can't compete with the Fast/Free delivery with an incumbent that had 20 years headstart
Forrest and Marcos met few years back.
LATAM is Geographically complex and a Regulatory nightmare. Brazil business was described by another pubco team as "Friday the 13th": "You think you killed it, and its alive jumping back at you". By now, too late to try and disrupt $MELI
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LATAM is Geographically complex and a Regulatory nightmare. Brazil business was described by another pubco team as "Friday the 13th": "You think you killed it, and its alive jumping back at you". By now, too late to try and disrupt $MELI
>>>
Massive progress with Logistics and managed services and entry into fast frequency items and Fintech financial services (50% unbanked/underbanked) cements, expends the widening moat.
$MELI was born in hell, eats lava for breakfast.
And is at the very early innings.
$MELI was born in hell, eats lava for breakfast.
And is at the very early innings.
