They seem to be growing fast in Mexico, Alexa statistics tells us that they are by far the number 1 vertical portal in that country. Now they are way beyond a classified ads only company. Their new revenue streams both in financing and insurance are showing up with significant growth. Last quarter growth was promising, considering they abandoned operations in Argentina. This quarter will definitely tell us if they will achieve break even this year as they promised.
LAA Price at posting:
13.5¢ Sentiment: Buy Disclosure: Held