According to CoinMeta, Hayden Capital mentioned in its second-quarter 2026 investment letter that Mercado Libre ( NASDAQ : MELI ) is undergoing strategic reinvestment to drive growth. The company operates online business platforms in Brazil, Mexico, Argentina, and other regions. Hayden Capital stated that Mercado Libre has added approximately 18 million new buyers in the past 12 months, representing a year-over-year increase of 26%. Since mid-last year, the company has invested about $2.2 billion in total and is building same-day and next-day delivery services, particularly in Brazil. Despite facing challenges, Hayden Capital remains optimistic about the company's future potential.