Key Facts
- PepsiCo (NASDAQ: PEP) has experienced a 30% pullback from its 2023 peak, attributed to high operational costs while competitors like Coca-Cola have more pricing power.
- In 2022, e-commerce company MercadoLibre (NASDAQ: MELI) facilitated the sale of $51.5 billion in goods and nearly $200 billion in digital payments.
- Smartphone shipments in Latin America reached a record 137 million units in 2022, signaling a growing e-commerce market expected to double between 2023 and 2027.