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Months ago, we showed that the volume that Mercado Pago transacts is more than its E-commerce platform, which is the company's original business model and itself a giant in Latin America. The ideal entry-level account for individual users. Currently, you are using a shared account. "Gross Merchandise Volume Generated by Mercadolibre, Inc. as Percentage of Total Retail E-commerce Sales in Latin America from 2017 to 2023. Mercado Libre net revenue 2022 | Statista Show publisher information Leading online marketplaces in Latin America 2022, by monthly visits, Monthly visits to leading e-commerce websites in Mexico 2022, Monthly visits to leading e-commerce websites in Argentina 2022, To download this statistic in XLS format you need a Statista Account, To download this statistic in PNG format you need a Statista Account, To download this statistic in PDF format you need a Statista Account. https://latinometrics.substack.com. 2 Potential Stock-Split Stocks You Can Buy and Hold Forever Hiking interest rates to curb borrowing and spending. MercadoLibre annual revenue for 2022 was $10.537B, a 49.06% increase from 2021. All Rights Reserved. Try hitting refresh. Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2023, Quarterly smartphone market share worldwide by vendor 2009-2023, Number of apps available in leading app stores Q3 2022, Profit from additional features with an Employee Account. Dollars). Columbus brought the first lime seeds to the Americas. "Net Revenue Generated by Mercadolibre, Inc. in 2022, by Country (in Million U.S. Case in point, Colombia's peace accords and Brazil's democratic steps. The company has closed competitors in Brazil and is behind others in smaller markets such as Chile. Currently trading at 73 times this year's projected earnings, this argument appears reasonable at first glance. Available: https://www.statista.com/statistics/1025411/mercado-libre-market-capitalization-value/, Mercado Libre's market capitalization value from 2016 to 2022, Immediate access to statistics, forecasts & reports, E-commerce revenue in Latin America 2022-2023, by country, Retail e-commerce growth rate in Latin America 2023, by country, Online retail users in Latin America 2017-2027, E-commerce website traffic share in Latin America 2022, by source, Smartphone users' main search sources for online shopping in Latin America 2022, Mercado Libre's GMV as a share of total e-retail sales in Latin America 2017-2023, MercadoLibre operating expenses 2018-2022, by type, MercadoLibre number of employees 2016-2022, by country, MercadoLibre: investment value in Brazil 2020-2023, MercadoLibre: investment value in Mexico 2017-2023, MercadoLibre: investment value in Chile 2020-2023, Number of MercadoLibre unique active users 2019-2022, Number of items sold on Mercado Libre Marketplace 2013-2022, Mercado Libre monthly web traffic share in Latin America 2021, by country, Mercado Libre app monthly downloads in Latin America 2020-2023, Mercado Libre app downloads in Latin America 2023, by country and operating system, Mercado Pago number of payment transactions 2015-2022, Mercado Pago marketplace vs non-marketplace payment volume 2016-2022, Mercado Crdito value of loan portfolio 2019-2022, Leading online marketplaces worldwide 2022, by market cap, Leading online marketplaces worldwide 2022, by monthly visits, Monthly visits to leading e-commerce websites in Latin America 2022, Retail e-commerce sales of top companies in Latin America 2021, 3P online sales of selected marketplaces from Latin America 2020-2021, Leading e-commerce sites in Brazil 2022, by monthly visits, COVID-19 in Argentina: leading SMEs product categories on Mercado Libre 2020, MercadoLibre quarterly revenue in Brazil 2018-2022, MercadoLibre quarterly gross merchandise volume 2018-2022, Argentina: SMEs on Mercado Libre before & during the COVID-19 pandemic 2020, Colombia: Mercado Libre live listings growth 2018-2019, Colombia: MercadoLibre's growth of auto-parts sales 2017, by segment, Argentina: market capitalization of select companies 2021, Net worth of Kajaria Ceramics FY 2016-2022, Welspun India Home Textiles net worth FY 2015-2022, Total wealth of the adult population in Japan 2000-2021, Mercado Libre's market capitalization value from 2016 to 2022 (in billion U.S. dollars), Find your information in our database containing over 20,000 reports, most popular online marketplace in the region. A Mercado Libre van makes deliveries. Then I wonder if they will split like eBay and PayPal did or continue together. This is proven by the fact that even though the pandemic is far behind us, MercadoLibre's top line continues to climb higher, showing no signs of slowing down. But with some sanctions recently lifted and a crackdown on corruption in PDVSA, could there be light at the end of the tunnel? Latinometrics on LinkedIn: If Mercado Libre's users were a country The jackpot previously crossed the $600 million mark earlier this year. Betting against Amazon and disruption? High-profile cases such as the 7M Venezuelans who fled their home country since 2012, or El Salvador with 2% of its total population incarcerated, illustrate this decline. Mexico, with a staggering 36% of the continent's output, is leading the lemon charge in the Americas. Bugs in the system To use individual functions (e.g., mark statistics as favourites, set To report a factual error in this article. This means companies in this sector have plenty of growth runway ahead. [FULL STORY ON OUR NEWSLETTER], Respiratory diseases are the world's third most common cause of death, and in Latin America, Cuba and Argentina stand at the forefront. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. 2023, Nasdaq, Inc. All Rights Reserved. This statistic is not included in your account. [Online]. Statista. Requested URL: www.fool.com/investing/2023/06/23/stock-split-stocks-you-can-buy-and-hold/, User-Agent: Mozilla/5.0 (iPhone; CPU iPhone OS 14_6 like Mac OS X) AppleWebKit/605.1.15 (KHTML, like Gecko) Version/14.1.1 Mobile/15E148 Safari/604.1. Show publisher information The reasons why are both practical and based on long-standing prejudice. For instance, both Cuba and Argentina have smoking rates significantly higher than the rest of Latin America. According to BIS, limited access to retail payment services and their high costs are significant challenges in Latin America and the Caribbean. You only have access to basic statistics. All values as of most recently reported quarter unless otherwise noted. Those seeds are the ancestors of what is now a massive industry. In, eMarketer (@eMarketer). The company is the market leader in three main markets Brazil, where they have 27% market share, Argentina (68%) and Mexico (13.6%). I am pretty sure MercadoPago will surpass MercadoLivre in revenues soon. [Online]. Available: https://www.statista.com/statistics/966855/mercado-libre-visitors-country/, Number of monthly visitors to Mercado Libre in selected Latin American countries in 2021, Immediate access to statistics, forecasts & reports, E-commerce as share of total retail sales worldwide 2018-2026, by region, E-commerce sales in Latin America 2021-2025, by country, E-commerce market share in Latin America and the Caribbean 2022, by country, Retail e-commerce change in Latin America 2020-2023, by country, E-commerce as share of total retail in Latin America 2022, by country, Cross-border as share of e-commerce in Latin America 2022, by country, E-commerce in total post-COVID-19 shopping spending in Latin America 2022, by country, E-commerce volume in Latin America and the Carribean 2021-2025, by vertical, Retail e-commerce revenue in Latin America 2017-2027, by category, Main e-commerce categories in Brazil 2022, by orders share, Retail e-commerce sales in Argentina 2019-2022, by category, Preferred categories for online purchase in Mexico 2021, Leading categories purchased online in Chile 2022, Most common online purchases by category in Colombia 2022, Most common online purchases by category in Peru 2022, Retail e-commerce sales of top companies in Latin America 2021, E-commerce sales growth of top retail companies in Latin America 2022, Grupo Falabella: GMV 2019-2021, by country, Magazine Luiza: e-commerce sales 2016-2022, by type, Most funded Latin American online food delivery companies 2022, Most funded Latin American online supermarkets 2022, Online retail users in Latin America 2017-2027, E-commerce penetration rate in Latin America 2021, by country, Share of cross-border online shoppers in Latin America 2022, by country, E-commerce expenditure per capita in Latin America 2022, by country, E-commerce payment method breakdown in Latin America 2022, by country, E-commerce website traffic share in Latin America 2022, by source, M-commerce retail sales in Latin America 2019-2025, M-commerce market size in Latin America 2022-2026, by country, M-commerce share of retail online sales in Latin America 2019-2025, M-commerce share of retail online sales in Latin America 2022, by country, M-commerce penetration rate in Latin America 2022, by country, Smartphone users' main search sources for online shopping in Latin America 2022, MercadoLibre: marketing spending 2014-2022, MercadoLibre number of employees 2016-2022, by country, MercadoLibre quarterly revenue in Brazil 2018-2022, MercadoLibre quarterly net revenue in Argentina 2018-2022, MercadoLibre quarterly payment transactions 2018-2022, Uruguay: most-visited online properties 2017, Most popular desktop sites in Japan 2016, based on unique visitors, Reach of the most popular online retailers in Japan 2014, Number of monthly visitors to Mercado Libre in selected Latin American countries in 2021 (in millions), Find your information in our database containing over 20,000 reports. If you have an ad-blocker enabled you may be blocked from proceeding. MELI stock price is down 41% from its highs in September 2021. Born in . I/we have a beneficial long position in the shares of MELI either through stock ownership, options, or other derivatives. Profit from the additional features of your individual account. Accordingly, I remain bullish on MELI stock. Hayley Raso has signed for Real Madrid after her contract at Manchester City ended. In fact, MercadoLibre's Q1 results beat analysts' expectations across the board and even re-accelerated from recent quarters. I am not receiving compensation for it (other than from Seeking Alpha). The company's latest financial results once again showcased its immense potential, with revenues and net income experiencing a meteoric rise. Uruguay's wine story began in the 17th century with Spanish vines and has flourished into an impressive industry, thanks to a mix of government support, market demand, and contributions from Basque and Italian immigrants The Utah Jazz came up with a creative structure for Paul Reed's offer sheet to disincentivize the Sixers to match. and over 1Mio. MercadoLibre, Inc. generated 5.7 billion U.S. dollars in revenue in Brazil in 2022, while in Argentina, this figure stood at more than 2.5 billion U.S. dollars. The region's largest e-commerce market is Brazil, which makes up approximately one third (32.5%) of all e-commerce volume in Latin America. MercadoLibre Vs Competitors (author created at Y Charts). On that note, shares have traded flat recently, which may illustrate investors' hesitance to drive the stock higher given its seemingly-rich valuation. This accomplishment is particularly noteworthy when considering the challenges faced by many U.S.-based fintech companies during the same period due to ongoing market turbulence. Interviewed Hedge Fund Managers and CEO's. Meanwhile, countries like Colombia, Ecuador, and Peru have seen an influx of migrants due to the socio-political issues in Venezuela. MercadoLibre is a dominant E-Commerce market leader in the largest Latin American Markets such as Brazil, Argentina and Mexico. A noteworthy demonstration of this can be found in the Q1 results, wherein MercadoLibre witnessed a substantial expansion in gross margins from 47.7% to 50.6% year-over-year. In the fourth quarter of 2022, MercadoLibre, Inc. generated approximately three billion U.S. dollars in net revenue, up from 2.1 billion a year earlier. Surprisingly, this growth rate has even accelerated from the already remarkable 81.2% TPV growth recorded in Q1-2022 and the 80% TPV growth reported in Q4-2022, underscoring the absence of any imminent slowdown. While Mexico . Type a symbol or company name. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. USD. As soon as this statistic is updated, you will immediately be notified via e-mail. A paid subscription is required for full access. [Online]. The ideal entry-level account for individual users. statistic alerts) please log in with your personal account. What's the reason behind this paradox? Full story: https://lnkd.in/gVyYH9uz Accepting payments is just a small piece of their robust offering; by providing services like investment accounts, transfers, and credit loans, Mercado Pago is essentially a bank, and a massive one at that:More than 38M use Mercado Pago on a regular basis. Mar 27, 2023. Find out more in the full story I expect margins to increase slightly as the payment network grows more. Mercadolibre's revenue from Brazil witnessed a massive rise from $77.54 million in Q1 2016 to $768.72 million, leading to a growth of 891.39% ($691.18 million). In spite of a surge in sales, Mercado Libre recorded a net loss in the fourth . She's allocating 2B+ to develop Brazil's green hydrogen industry and a further 430M to conserve the Amazon rainforest. Type a symbol or company name. On her tour, von der Leyen has committed 10B+ of European investment in Latin America and the Caribbean through the Global Gateway. [FULL STORY ON OUR NEWSLETTER], Migration is often associated with moving to the North, but Latin American countries are more than just transition points, they are a destination in themselves. Please. T MercadoLibre, Inc. engages in the provision of online commerce platform with focus on e-commerce and its related services. MercadoLibre Stock Valuation (Created by author Ben at Motivation 2 Invest). Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2023, Quarterly smartphone market share worldwide by vendor 2009-2023, Number of apps available in leading app stores Q3 2022, Profit from additional features with an Employee Account. Similar to Amazon in the US, MercadoLibre has invested heavily to expand its logistics network. [FULL STORY ON OUR NEWSLETTER], The world's largest proven oil reserves reside in Venezuela, making up 18% of the global total. Accessed July 08, 2023. https://www.statista.com/statistics/1025411/mercado-libre-market-capitalization-value/, MacroTrends. In Mexico, the . MercadoLibre, Inc. has become less reliant on the Brazilian market in terms of revenue. These figures reflect the opportunities and stability these countries offer. Is this happening to you frequently? This has simply moved the plastic problem elsewhere.