5 E-commerce Stocks Billionaires Are Loading Up On

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In this piece, we will take a look at the five e commerce stocks billionaires are loading up on. For more stocks, head on over to 10 E-commerce Stocks Billionaires Are Loading Up On.

5. MercadoLibre, Inc. (NASDAQ:MELI)

Number of Billionaire Investors in Q1 2023: 15

MercadoLibre, Inc. (NASDAQ:MELI) is a Uruguayan company that was set up in 1999 and is headquartered in Montevideo, Uruguay. The firm operates an online listing platform with classified advertisements as well as a marketplace for both merchants and consumers.

85 of the 943 hedge funds part of Insider Monkey’s database had held a stake in MercadoLibre, Inc. (NASDAQ:MELI) during Q1 2023. The firm’s largest shareholder is David Blood and Al Gore’s Generation Investment Management with a $814 million stake.

Follow Mercadolibre Inc (NASDAQ:MELI)

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