02 Oct 2025 | 5 Mins Read
MercadoLibre Slides Amid Amazon's Growing Brazilian Presence
Flipitmoney
MercadoLibre's shares fell as much as 5.8% to $2222.52 on Wednesday, extending 6.6% decline from Tuesday, amid concerns Amazon's free marketplace announcement in Brazil will increase competition. Amazon waived FBA logistics fees for sellers until the peak holiday season, prompting investor unease over a toughening competitive landscape in Brazil, MercadoLibre's largest and fastest-growing market.