★ WIDE MOAT STOCKS COMPARISON ★

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Stock Comparison

MercadoLibre, Inc. vs Sea Limited

Compare moat strength, market structure, and segment coverage to understand how each company defends its edge.

MercadoLibre, Inc.

MELI · NASDAQ

Market cap (USD)$86.1B
Gross margin (TTM)43.9%
Operating margin (TTM)9.6%
Net margin (TTM)6%
SectorTechnology
IndustrySpecialty Retail
CountryUS
Data as of2026-07-12
Moat score
76/ 100

Weighted average of segment moat scores, combining moat strength, durability, confidence, market structure, pricing power, and market share.

Full stock profile

Dive deeper into MercadoLibre, Inc.'s moat claims, evidence, and risks.

View MELI analysis

Sea Limited

SE · New York Stock Exchange

Market cap (USD)$62.7B
Gross margin (TTM)44.3%
Operating margin (TTM)8.2%
Net margin (TTM)6.4%
SectorConsumer
IndustrySpecialty Retail
CountrySG
Data as of2026-07-12
Moat score
78/ 100

Weighted average of segment moat scores, combining moat strength, durability, confidence, market structure, pricing power, and market share.

Full stock profile

Dive deeper into Sea Limited's moat claims, evidence, and risks.

View SE analysis

Comparison highlights

  • Moat score gap: Sea Limited leads (78 / 100 vs 76 / 100 for MercadoLibre, Inc.).
  • Segment focus: MercadoLibre, Inc. has 2 segments (56.4% in Commerce (Marketplace, logistics, ads, classifieds)); Sea Limited has 3 segments (72% in Shopee (E-commerce)).
  • Moat breadth: MercadoLibre, Inc. has 3 moat types across 2 domains; Sea Limited has 5 across 3.

Primary market context

MercadoLibre, Inc.

Commerce (Marketplace, logistics, ads, classifieds)

Market

Latin American e-commerce marketplace and commerce services (online marketplace, 1P retail, fulfillment/logistics, advertising)

Geography

Latin America (Brazil, Mexico, Argentina and other countries)

Customer

Consumers (buyers) and merchants/brands (sellers), including MSMEs

Role

Marketplace operator + retailer + logistics orchestrator

Revenue share

56.4%

Sea Limited

Shopee (E-commerce)

Market

E-commerce marketplace and related value-added services

Geography

Southeast Asia, Taiwan, Brazil

Customer

Consumers and sellers

Role

Marketplace operator

Revenue share

72%

Side-by-side metrics

MercadoLibre, Inc.
Sea Limited
Ticker / Exchange
MELI - NASDAQ
SE - New York Stock Exchange
Market cap (USD)
$86.1B
$62.7B
Gross margin (TTM)
43.9%
44.3%
Operating margin (TTM)
9.6%
8.2%
Net margin (TTM)
6%
6.4%
Sector
Technology
Consumer
Industry
Specialty Retail
Specialty Retail
HQ country
US
SG
Primary segment
Commerce (Marketplace, logistics, ads, classifieds)
Shopee (E-commerce)
Market structure
Oligopoly
Oligopoly
Market share
n/a
53% (reported)
HHI estimate
n/a
n/a
Pricing power
Moderate
Moderate
Moat score
76 / 100
78 / 100
Moat domains
Network, Demand
Network, Supply, Legal
Last update
2026-07-12
2026-07-12

Moat coverage

Shared moat types

Two Sided NetworkEcosystem Complements

MercadoLibre, Inc. strengths

Data Workflow Lockin

Sea Limited strengths

Distribution ControlDirect Network EffectsContractual Exclusivity

Segment mix

MercadoLibre, Inc. segments

Full profile >

Commerce (Marketplace, logistics, ads, classifieds)

Oligopoly

56.4%

Fintech (Mercado Pago & credit)

Competitive

43.6%

Sea Limited segments

Full profile >

Shopee (E-commerce)

Oligopoly

72%

Monee (Digital Financial Services)

Competitive

17.5%

Garena (Digital Entertainment)

Competitive

9.8%

Act on this comparison

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Curation & Accuracy

This directory blends AI‑assisted discovery with human curation. Entries are reviewed, edited, and organized with the goal of expanding coverage and sharpening quality over time. Your feedback helps steer improvements (because no single human can capture everything all at once).

Details change. Pricing, features, and availability may be incomplete or out of date. Treat listings as a starting point and verify on the provider’s site before making decisions. If you spot an error or a gap, send a quick note and I’ll adjust.