MercadoLibre (NasdaqGS:MELI) has been back in focus after reports of regime change in Venezuela. These reports have sparked speculation that a more open, stable economy could meaningfully widen the company’s addressable e-commerce and fintech market.

MercadoLibre (MELI) rallied on Monday as traders circled the Latin American e-commerce stock as a potential beneficiary of increased involvement in Venezuela. Notably, Venezuela has the 5th largest population in South America but is perhaps the largest untapped e-commerce market.

Quick Read MercadoLibre trades at 32x forward P/E and is expanding into Venezuela while growing its fintech and logistics businesses. Coupang fell 30% from 52-week highs after a data breach but continues expanding in Taiwan and adding services like food delivery and ads.

In early January 2026, MercadoLibre drew attention after reports that geopolitical changes in Venezuela could open the door to its e-commerce and fintech services in a new, currently negligible market.

What Happened? Shares of latin American e-commerce and fintech company MercadoLibre (NASDAQ:MELI) jumped 9.3% in the afternoon session after traders speculated that recent geopolitical developments in Venezuela could unlock a major new market for the e-commerce giant.