Shopify vs. MercadoLibre: Which E-Commerce Stock is a Better Buy?

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With that being said, today I’ll analyze and compare two e-commerce stocks: Shopify Inc . (SHOP) and MercadoLibre, Inc. (MELI). Founded in 2004, SHOP is an Ottawa-based e-commerce company that provides a cloud-based commerce platform to merchants, allowing them to run their business in various sales channels.

Based in Buenos Aires, Argentina, MercadoLibre is an e-commerce company that offers its online e-commerce solutions for individuals and businesses primarily in Latin America. It owns and operates Mercado Libre, Mercado Pago, Mercado Shops and others.

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