In 2023, Mercado Libre's estimated digital retail media advertising revenue increased by more than 44 percent, making it Latin America's fastest-growing online retail media network that year. Meanwhile, Amazon's operations in the two largest Latin American economies – Brazil and Mexico – saw their digital retail media ad revenues grow by between 8.5 and 12.4 percent.
Change in digital retail media advertising revenue of selected e-commerce platforms in Latin America in 2023
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Statista. (January 19, 2024). Change in digital retail media advertising revenue of selected e-commerce platforms in Latin America in 2023 [Graph]. In Statista. Retrieved October 31, 2024, from https://www.statista.com/statistics/1447691/fastest-growing-digital-retail-media-players/
Statista. "Change in digital retail media advertising revenue of selected e-commerce platforms in Latin America in 2023." Chart. January 19, 2024. Statista. Accessed October 31, 2024. https://www.statista.com/statistics/1447691/fastest-growing-digital-retail-media-players/
Statista. (2024). Change in digital retail media advertising revenue of selected e-commerce platforms in Latin America in 2023. Statista. Statista Inc.. Accessed: October 31, 2024. https://www.statista.com/statistics/1447691/fastest-growing-digital-retail-media-players/
Statista. "Change in Digital Retail Media Advertising Revenue of Selected E-commerce Platforms in Latin America in 2023." Statista, Statista Inc., 19 Jan 2024, https://www.statista.com/statistics/1447691/fastest-growing-digital-retail-media-players/
Statista, Change in digital retail media advertising revenue of selected e-commerce platforms in Latin America in 2023 Statista, https://www.statista.com/statistics/1447691/fastest-growing-digital-retail-media-players/ (last visited October 31, 2024)
Change in digital retail media advertising revenue of selected e-commerce platforms in Latin America in 2023 [Graph], Statista, January 19, 2024. [Online]. Available: https://www.statista.com/statistics/1447691/fastest-growing-digital-retail-media-players/