I recently came across a company called MercadoLibre. Their business is quite similar to Amazon. Overall, the company has been quite successful and profitable in recent years. It might not be bad for a smaller position, but the price is pretty high right now.
What's your take on MercadoLibre ($MELI+0.0%)?
I certainly wouldn't buy the company now. Its valuation is very high and its growth or at least return from the business is slowly declining. That's associated with growth, but I'd like to see it slower.