Amazon and MercadoLibre: Valuation, Growth, and Competition in E-commerce

By EC Assets · Published 13 August 2026

Amazon and MercadoLibre are frequently compared due to their roles as e, commerce pioneers in different global regions. MercadoLibre remains a buy, exhibiting strong execution and a dominant ecosystem, despite recent stock weakness and competitive pressures. Amazon trades with a P/E of 32.7 and an EV/EBITDA of 16.2. These figures are below the Magnificent Seven average of approximately 40 for P/E and approximately 25 for EV/EBITDA. MercadoLibre's Q2 saw Gross Merchandise Volume (GMV) increase by 35.8%. This growth was driven by synergy between its fintech and e, commerce segments. MercadoLibre faces heightened competition, including from Amazon and Chinese companies. This article is intended for informational purposes only. It does not constitute investment advice.