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DLocal Limited (DLO): A Bull Case Theory 

We came across a bullish thesis on DLocal Limited on HatedMoats’s Substack. In this article, we will summarize the bulls’ thesis on DLO. DLocal Limited's share was trading at $14.52 as of January 12th. DLO’s trailing and forward P/E were 25.93 and 17.27 respectively according to Yahoo Finance.

DLocal Limited (DLO) operates as a mission-critical payments infrastructure platform enabling global merchants to transact seamlessly with consumers across emerging markets. Its “One dLocal” model—a single API, contract, and platform spanning over 40 countries—simplifies...