VOL. XCIV, NO. 247

★ WIDE MOAT STOCKS COMPARISON ★

NO ADVICE

Wide Moat Stocks Expansion-Stage Stocks Home My Collections

Stock Comparison

MercadoLibre, Inc. vs WiseTech Global Limited

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

MercadoLibre, Inc.

MELI · NASDAQ

Market cap (USD)$101.2B

Gross margin (TTM)45.1%

Operating margin (TTM)12%

Net margin (TTM)7.9%

SectorTechnology

IndustrySpecialty Retail

CountryUS

Data as of2025-12-29

Moat score

73/ 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

WiseTech Global Limited

WTC · ASX

Market cap (USD)$15.7B

Gross margin (TTM)83.6%

Operating margin (TTM)37.2%

Net margin (TTM)25.6%

SectorTechnology

IndustrySoftware - Application

CountryAU

Data as of2025-12-29

Moat score

86/ 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 WiseTech Global Limited's moat claims, evidence, and risks.

View WTC analysis

Comparison highlights

Moat score gap: WiseTech Global Limited leads (86 / 100 vs 73 / 100 for MercadoLibre, Inc.).
Segment focus: MercadoLibre, Inc. has 2 segments (58.5% in Commerce (Marketplace, logistics, ads, classifieds)); WiseTech Global Limited has 3 segments (87.6% in CargoWise).
Primary market structure: Oligopoly vs Oligopoly. Pricing power: Moderate vs Strong.
Moat breadth: MercadoLibre, Inc. has 6 moat types across 4 domains; WiseTech Global Limited has 6 across 2.

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

58.5%

WiseTech Global Limited

CargoWise

Market

Enterprise logistics execution software for freight forwarders, customs brokers and 3PLs (CargoWise platform)

Geography

Global

Customer

Logistics service providers (freight forwarders, customs brokers, 3PLs)

Role

SaaS software platform vendor

Revenue share

87.6%

Side-by-side metrics

MercadoLibre, Inc.

WiseTech Global Limited

Ticker / Exchange

MELI - NASDAQ

WTC - ASX

Market cap (USD)

$101.2B

$15.7B

Gross margin (TTM)

45.1%

83.6%

Operating margin (TTM)

12%

37.2%

Net margin (TTM)

7.9%

25.6%

Sector

Technology

Industry

Specialty Retail

Software - Application

HQ country

Primary segment

Commerce (Marketplace, logistics, ads, classifieds)

CargoWise

Market structure

Oligopoly

Market share

n/a

96% (reported)

HHI estimate

n/a

Pricing power

Moderate

Strong

Moat score

73 / 100

86 / 100

Moat domains

Network, Supply, Demand, Legal

Demand, Network

Last update

2025-12-29

Moat coverage

Shared moat types

Two Sided NetworkEcosystem ComplementsData Workflow Lockin

MercadoLibre, Inc. strengths

Distribution ControlSwitching Costs GeneralCompliance Advantage

WiseTech Global Limited strengths

Suite BundlingLegacy installed-base tailData Network Effects

Segment mix

MercadoLibre, Inc. segments

Full profile >

Commerce (Marketplace, logistics, ads, classifieds)

Oligopoly

58.5%

Fintech (Mercado Pago & credit)

Competitive

41.5%

WiseTech Global Limited segments

Full profile >

CargoWise

Oligopoly

87.6%

Non-CargoWise acquired platforms (legacy)

Competitive

12.4%

e2open (multi-enterprise supply chain applications & network; acquired)

Oligopoly

n/a

Want the full wide moat stocks list?

Browse the full ranking of wide moat stocks, updated with moat scores and segment context.

View the moat stocks list

Looking for expansion-stage stocks?

Proven models entering the expansion stage with unit economics that work.

View expansion-stage stocks

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.