In the fourth quarter of 2019, the free shipping service cost of MercadoLibre, Inc. amounted to 56.8 million U.S. dollars. This is nearly half of the 112.5 million dollars the company spent on free shipping in the first quarter of 2018. Meanwhile, Mercado Libre's gross billings have been increasing throughout recent quarters.
Free shipping service cost generated by MercadoLibre, Inc. from 1st quarter 2018 to 4th quarter 2019
(in million U.S. dollars)
Characteristic
Free shipping service cost in million U.S. dollars
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MercadoLibre. (February 10, 2020). Free shipping service cost generated by MercadoLibre, Inc. from 1st quarter 2018 to 4th quarter 2019 (in million U.S. dollars) [Graph]. In Statista. Retrieved September 16, 2024, from https://www.statista.com/statistics/1088549/mercadolibre-quarterly-free-shipping-service-cost/
MercadoLibre. "Free shipping service cost generated by MercadoLibre, Inc. from 1st quarter 2018 to 4th quarter 2019 (in million U.S. dollars)." Chart. February 10, 2020. Statista. Accessed September 16, 2024. https://www.statista.com/statistics/1088549/mercadolibre-quarterly-free-shipping-service-cost/
MercadoLibre. (2020). Free shipping service cost generated by MercadoLibre, Inc. from 1st quarter 2018 to 4th quarter 2019 (in million U.S. dollars). Statista. Statista Inc.. Accessed: September 16, 2024. https://www.statista.com/statistics/1088549/mercadolibre-quarterly-free-shipping-service-cost/
MercadoLibre. "Free Shipping Service Cost Generated by Mercadolibre, Inc. from 1st Quarter 2018 to 4th Quarter 2019 (in Million U.S. Dollars)." Statista, Statista Inc., 10 Feb 2020, https://www.statista.com/statistics/1088549/mercadolibre-quarterly-free-shipping-service-cost/
MercadoLibre, Free shipping service cost generated by MercadoLibre, Inc. from 1st quarter 2018 to 4th quarter 2019 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1088549/mercadolibre-quarterly-free-shipping-service-cost/ (last visited September 16, 2024)
Free shipping service cost generated by MercadoLibre, Inc. from 1st quarter 2018 to 4th quarter 2019 (in million U.S. dollars) [Graph], MercadoLibre, February 10, 2020. [Online]. Available: https://www.statista.com/statistics/1088549/mercadolibre-quarterly-free-shipping-service-cost/
