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MercadoLibre revenue share 2019-2020, by country

MercadoLibre, Inc. became less reliant on the Brazilian market, in terms of revenue. In 2020, Mercado Libre generated around 55.2 percent of its net revenue in Brazil, down from 63.6 percent one year before. Concurrently, other markets grew in importance for the Buenos Aires-based e-commerce company. Argentina and Mexico accounted for 24.7 and 14.5 percent of Mercado Libre's net revenue in 2020, up from 19.9 and 12 percent in 2019, respectively.

Distribution of net revenues generated by MercadoLibre, Inc. in 2019 and 2020, by country

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Source

Release date

March 2021

Region

LAC

Survey time period

2019 and 2020

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Statistics on "E-commerce in Latin America"

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