Alibaba (NYSE: BABA) and MercadoLibre (NASDAQ: MELI) are the leading e-commerce sites in their respective parts of the world. MercadoLibre has made e-commerce viable in Latin America, while Alibaba leads the industry in China.
However, they have been both the beneficiaries and the victims of localized business conditions. And investors considering opening positions in one of them now need to ask themselves one key question: Which of these top e-commerce companies is likely to fare better amid such challenges?
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Better E-Commerce Stock: Alibaba or MercadoLibre?