MercadoLibre (NASDAQ: MELI) has been operating in Latin America since 1999, but the region has recently attracted another global e-commerce player. Sea Limited (NYSE: SE), known for its Garena online gaming platform and its e-commerce business in Southeast Asia, has started operating its Shopee e-commerce business in two key markets in Latin America. On a Fool Live episode recorded on April 28, Fool contributors Brian Stoffel and Brian Withers discuss whether this new entrant could be a threat to the long-standing market leader.
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