WHAT HAPPENED
s not expected to get there until the final quarter of the year. MercadoLibre won s second-quarter reportis 5% ahead of the $9. 7 billion expected by analysts. Now let Growing its business tenfold -- or, in this case,nearlytenfold, as it went from $1. That would mean MercadoLibre hits the $100 billion mark next year, and no one expects that to happen so soon. A more realistic yet still aggressive forecast would be for MercadoLibre to reach a $100 billion market cap by 2029.
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