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== Competitive Advantages == 1. '''First-mover advantage''': Mercado Libre was an early entrant in the Latin American e-commerce market, allowing it to build a strong brand and user base. 2. '''Integrated ecosystem''': The company offers a full suite of services from e-commerce to payments to logistics, creating a seamless experience for users. 3. '''Local expertise''': Deep understanding of Latin American markets, including adapting to local payment preferences and logistics challenges. 4. '''Fintech growth''': Mercado Pago has become a significant revenue driver, expanding beyond just facilitating marketplace transactions. 5. '''Logistics network''': Mercado Envios gives the company more control over shipping and delivery, improving the customer experience.
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