MELI vs SE

MercadoLibre maintains its core strength as the dominant e-commerce and fintech ecosystem across Latin America, a market with substantial digitalization upside. The company's aggressive strategic investments ($14.3B for Brazil/Argentina in 2026) and continued robust top-line growth (Q4 2025 revenue +44.6% YoY) underscore its long-term vision and market leadership ambition. However, the path to 10x...

Sea Ltd (SE) continues to demonstrate robust revenue growth (+38% YoY in Q4 2025, +36% FY25), driven by its dominant integrated ecosystem across e-commerce (Shopee), digital entertainment (Garena), and fintech (SeaMoney) in vast, high-growth emerging markets. The full-year 2025 net income surged by 260% to $1.6B, reinforcing its pivot to overall profitability and positive cash flow. However, the Q...