Mercado Libre revenue 2019, by country

In 2019, MercadoLibre, Inc. generated over 1.46 billion U.S. dollars in revenue in Brazil, while in Argentina the company generated more than 456 million dollars. In Mexico, Mercado Libre revenue amounted to 275.1 million dollars in that year. The 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.

A successful Argentinian in Brazil

The cliché rivalry between Argentinians and Brazilians does not apply to Mercado Libre. Headquartered in Buenos Aires, the company generated nearly two thirds of its net revenue in Brazil in 2019. The only Portuguese-speaking country in the Americas is home to almost 60 million online shoppers, and calls the marketplace platform “Mercado Livre”.

The way up North

Meanwhile, in Mexico, Mercado Libre recently saw its annual net revenue increase more than 150 percent. In 2018, however, Amazon was still the top e-retailer in Mexico, in terms of market share, closely followed by Mercado Libre.

Net revenue generated by MercadoLibre, Inc. in 2019, by country

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Source

Release date

February 2020

Region

Central and South America, Mexico

Survey time period

2019

Supplementary notes

The company provides the following additional information: "Venezuelan revenues have been consolidated up to November 30, 2017".

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