MercadoLibre Inc (NAS:MELI)
$ 1649.99 26.73 (1.65%) Market Cap: 83.65 Bil Enterprise Value: 85.18 Bil PE Ratio: 73.83 PB Ratio: 24.68 GF Score: 95/100

Mercadolibre Inc at Goldman Sachs Technology & Internet Conference Transcript

Feb 12, 2020 / 10:00PM GMT
Release Date Price: $699.82 (+7.40%)
Irma Sgarz
Goldman Sachs Group Inc., Research Division - Equity Analyst

So good afternoon. My name is Irma Sgarz. I cover the Latin American retail and Internet space. I'm here with Pedro Arnt. Pedro has been with MercadoLibre since '99 and for more than 20 years -- or exactly 20 years, pretty much. And he's been the CFO of the company since 2011. So Pedro, welcome, and thank you very much for being here.

Pedro Arnt
MercadoLibre, Inc. - Executive VP & CFO

Thank you. And it's been a while. So glad to be here again.

Questions & Answers

Irma Sgarz;Pedro Arnt
Goldman Sachs Group Inc., Research Division - Equity Analyst

So MELI is in the midst of a multiyear investment cycle that's arguably even deepened into the second half of 2019. You just reported your fourth quarter numbers this Monday. Can you just help us understand what the main areas of investment are? Where you are in that cycle, when you think about some growth in the -- specifically the margin cycle going forward?

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