MercadoLibre is the largest online commerce ecosystem in Latin America, serving as an integrated regional platform and as a provider of the necessary online and technology- based tools that allow businesses and individuals to trade products and services in the region. The Company enables commerce through its marketplace platform (including online classifieds for motor vehicles, vessels, aircraft, services and real estate), which allows users to buy and sell in most of Latin America.... Show more
Segments: Brazil; Argentina; Mexico; Other Countries
Revenue by MercadoLibre location
MercadoLibre second quarter 2019 updates
  • Net revenues for the second quarter were $545.2 million, a year-over-year increase of 62.6% in USD.

  • Total payment volume through Mercado Pago reached $6.52 billion, a year-over-year increase of 47.2% in USD. Total payment transactions increased 112.5% year-over-year, totaling 181.6 million transactions for the quarter.

  • Mercado Pago off-platform total payment volume grew 121.5% year-over-year in USD. For the first time ever, off-platform payments processed almost $3.2 billion in transactions, surpassing 120 million payment transactions in a single quarter.

  • MercadoLibre's mobile point-of-sale business continues to be one of the fastest growing non-marketplace business units, representing 41.9% of total off-platform payment volume during the quarter.

  • Mobile wallet reached 4.5 million active payers during the quarter, while total payment volume from mobile wallet in Argentina, Brazil and Mexico are all growing by triple digits year-over-year.

  • Mercado Fondo, is available in Argentina and Brazil, where MercadoLibre offers its entire suite of FinTech solutions: mobile point-of-sale devices, QR code in-store payments, mobile wallet and asset management. Mercado Fondo has invested over 70% and 50% of customer funds in Mercado Pago in Brazil and Argentina, respectively.

  • Gross merchandise volume increased to $3.4 billion, representing an 8.4% increase in USD.

  • Items sold reached 88.7 million, growing 3.8% year-over-year versus 38.8% during the same period last year. The decrease in growth rates year-over-year is attributable to Brazil, where in July of last year we launched the R$5 flat listing fee on items below R$120 and removed listings below R$6 as we shift towards incentivizing buyers to purchase higher ticket items, as well as the implementation of the same initiative in Argentina during the second quarter of 2019.

  • Unique buyers numbers continue to accelerate versus the prior quarter, growing 20.8% year-over-year versus 10.8% in the first quarter.

  • Live listings offered on MercadoLibre’s marketplace reached 224.1 million in the second quarter of 2019, a 50.6% year-over-year increase.

  • Items shipped through Mercado Envios reached 70.2 million, a 33.0% year-over-year increase, driven primarily by optimizations in MercadoLibre's free shipping program.

MercadoLibre revenue quarter by quarter
MercadoLibre operating expenses

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