MercadoLibre, Inc. generated 7.6 billion U.S. dollars in revenue in Brazil in 2023, while in Argentina, this figure stood at more than 3.2 billion U.S. dollars. In Mexico, the company’s net revenues amounted to nearly three million dollars that year. This Argentine e-commerce company is also present in Bolivia, Chile, Colombia, Costa Rica, the Dominican Republic, Ecuador, El Salvador, Guatemala, Honduras, Nicaragua, Panama, Paraguay, Peru, Uruguay, and Venezuela.
Mercado Libre’s sources of revenue are more diverse
In 2023, Brazil accounted for more than half of the company’s revenue. In the last years, the shares of Argentina and Mexico in MercadoLibre, Inc.’s net revenue distribution grew in importance. However, the presence in Brazil remains strategic – the Portuguese-speaking country was home to more than 130 million e-commerce users in 2023, according to estimates.
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MercadoLibre. (February 23, 2024). Net revenue generated by MercadoLibre, Inc. in 2023, by country (in million U.S. dollars) [Graph]. In Statista. Retrieved October 30, 2024, from https://www.statista.com/statistics/730533/mercado-libre-revenue-region/
MercadoLibre. "Net revenue generated by MercadoLibre, Inc. in 2023, by country (in million U.S. dollars)." Chart. February 23, 2024. Statista. Accessed October 30, 2024. https://www.statista.com/statistics/730533/mercado-libre-revenue-region/
MercadoLibre. (2024). Net revenue generated by MercadoLibre, Inc. in 2023, by country (in million U.S. dollars). Statista. Statista Inc.. Accessed: October 30, 2024. https://www.statista.com/statistics/730533/mercado-libre-revenue-region/
MercadoLibre. "Net Revenue Generated by Mercadolibre, Inc. in 2023, by Country (in Million U.S. Dollars)." Statista, Statista Inc., 23 Feb 2024, https://www.statista.com/statistics/730533/mercado-libre-revenue-region/
MercadoLibre, Net revenue generated by MercadoLibre, Inc. in 2023, by country (in million U.S. dollars) Statista, https://www.statista.com/statistics/730533/mercado-libre-revenue-region/ (last visited October 30, 2024)
Net revenue generated by MercadoLibre, Inc. in 2023, by country (in million U.S. dollars) [Graph], MercadoLibre, February 23, 2024. [Online]. Available: https://www.statista.com/statistics/730533/mercado-libre-revenue-region/