LatAm Autos Ltd (ASX: LAA)
LatAm Autos (‘LAA’) owns the leading automotive classifieds websites in Argentina, Mexico, Bolivia, Ecuador, Peru and Panama; and automotive magazines in Argentina, Mexico, Ecuador, Peru and Panama as well as a regional content website. As determined by listings count (~186k) and monthly visits (~10m) to LAA’s websites, the company is the region’s market leader in the vertical classifieds.
LAA has heavily invested in technology and innovation, having launched one of the first live communication technologies in the classifieds industry. In turn, this has increased its competitive advantage and relevance over domestic competitors. Leveraging from its leading position, as of 1H 2015, the Company averaged a PCP revenue increase of 57%.
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