Use Forbes logos and quotes in your marketing. Use Ask Statista Research Service, includes all products and services ordered on Mercado Libre through any device, Leading online marketplaces in Latin America 2022, by monthly visits, Monthly visits to leading e-commerce websites in Mexico 2022, Monthly visits to leading e-commerce websites in Argentina 2022, To download this statistic in XLS format you need a Statista Account, To download this statistic in PNG format you need a Statista Account, To download this statistic in PDF format you need a Statista Account. To put this into perspective, Brazil still has around 10% of its adult population without access to banking services, while countries like Argentina, Honduras, and Bolivia have less than half of their adult population with bank accounts. This can already be observed by MercadoLibre's ability to sustain an unreal pace of growth over an extended period of time. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Despite this, Argentina's central bank is continuously cutting interest rates. 49.67%. Show publisher information Consensus Price Target is the stock price analysts expect to see within a period of 0-18 months. Show publisher information Missing percentage points to 100 percent are probably due to rounding. One benefit of MercadoLibre is they have large market share in the largest and more stable countries such Brazil, Argentina and Mexico. "Distribution of net revenues generated by MercadoLibre, Inc. from 2019 to 2022, by country." This is because the founders tend to be aligned with shareholders, have perspective and vision which can help with business success. Notably, these developments resulted in a tremendous surge in the company's operating margin from 6.2% to 11.2%. [FULL STORY ON OUR NEWSLETTER], Migration is often associated with moving to the North, but Latin American countries are more than just transition points, they are a destination in themselves. Dividend Yield. Investing into companies where the founders have "Skin in the Game" is a great strategy myself and legendary former hedge fund managers such as Nick Sleep like to implement. To use individual functions (e.g., mark statistics as favourites, set Then I wonder if they will split like eBay and PayPal did or continue together. In fact, with MercadoLibre's earnings doubling or even tripling on a year-over-year basis, as demonstrated in Q1, a valuation multiple that may seem excessive today could ultimately prove to be offering a compelling investment opportunity today, given the company's tremendous potential for earnings growth. Available: https://www.statista.com/statistics/1025411/mercado-libre-market-capitalization-value/, Mercado Libre's market capitalization value from 2016 to 2022, Immediate access to statistics, forecasts & reports, E-commerce revenue in Latin America 2022-2023, by country, Retail e-commerce growth rate in Latin America 2023, by country, Online retail users in Latin America 2017-2027, E-commerce website traffic share in Latin America 2022, by source, Smartphone users' main search sources for online shopping in Latin America 2022, Mercado Libre's GMV as a share of total e-retail sales in Latin America 2017-2023, MercadoLibre operating expenses 2018-2022, by type, MercadoLibre number of employees 2016-2022, by country, MercadoLibre: investment value in Brazil 2020-2023, MercadoLibre: investment value in Mexico 2017-2023, MercadoLibre: investment value in Chile 2020-2023, Number of MercadoLibre unique active users 2019-2022, Number of items sold on Mercado Libre Marketplace 2013-2022, Mercado Libre monthly web traffic share in Latin America 2021, by country, Mercado Libre app monthly downloads in Latin America 2020-2023, Mercado Libre app downloads in Latin America 2023, by country and operating system, Mercado Pago number of payment transactions 2015-2022, Mercado Pago marketplace vs non-marketplace payment volume 2016-2022, Mercado Crdito value of loan portfolio 2019-2022, Leading online marketplaces worldwide 2022, by market cap, Leading online marketplaces worldwide 2022, by monthly visits, Monthly visits to leading e-commerce websites in Latin America 2022, Retail e-commerce sales of top companies in Latin America 2021, 3P online sales of selected marketplaces from Latin America 2020-2021, Leading e-commerce sites in Brazil 2022, by monthly visits, COVID-19 in Argentina: leading SMEs product categories on Mercado Libre 2020, MercadoLibre quarterly revenue in Brazil 2018-2022, MercadoLibre quarterly gross merchandise volume 2018-2022, Argentina: SMEs on Mercado Libre before & during the COVID-19 pandemic 2020, Colombia: Mercado Libre live listings growth 2018-2019, Colombia: MercadoLibre's growth of auto-parts sales 2017, by segment, Argentina: market capitalization of select companies 2021, Net worth of Kajaria Ceramics FY 2016-2022, Welspun India Home Textiles net worth FY 2015-2022, Total wealth of the adult population in Japan 2000-2021, Mercado Libre's market capitalization value from 2016 to 2022 (in billion U.S. dollars), Find your information in our database containing over 20,000 reports, most popular online marketplace in the region. [Online]. A paid subscription is required for full access. Mercado Libre broke another record this past quarter: it | 17 comments on LinkedIn The latest competitor which has caused a stir among investors is the Shopee App by Sea Limited, which has had over 100 million downloads since January 2020. The firm provides users a mechanism for buying, selling and paying as well as collecting, generating leads, and comparing lists through e-commerce transactions. facts. Accordingly, I remain bullish on MELI stock. Hayley Raso has signed for Real Madrid after her contract at Manchester City ended. In fact, MercadoLibre's Q1 results beat analysts' expectations across the board and even re-accelerated from recent quarters. The reasons why are both practical and based on long-standing prejudice. Outsmart the market with Smart Portfolio analytical tools powered by TipRanks. Then you can access your favorite statistics via the star in the header. That represents an annual . Data prior to 2022 come from previous reporting. In Q3, 2021 the benefits of this network were also clear with approximately 80% of items delivered within 48 hours. Milena, bastante interesante lo que has compartido! The Utah Jazz came up with a creative structure for Paul Reed's offer sheet to disincentivize the Sixers to match. Accordingly, I remain bullish on the stock. The same way the dollar is the world's primary reserve currency, it anchors Panama's financial system, securing its status as a leading banking hub. Latin American e-commerce retailer MercadoLibre Inc. grew its revenue more than expected and gained market share in Brazil even as Asian players continue to strengthen their . "Net revenue generated by MercadoLibre, Inc. in 2022, by country (in million U.S. Leading online marketplaces in Latin America 2022, by monthly visits, Monthly visits to leading e-commerce websites in Mexico 2022, Monthly visits to leading e-commerce websites in Argentina 2022, To download this statistic in XLS format you need a Statista Account, To download this statistic in PNG format you need a Statista Account, To download this statistic in PDF format you need a Statista Account. ", eMarketer (@eMarketer), Gross merchandise volume generated by MercadoLibre, Inc. as percentage of total retail e-commerce sales in Latin America from 2017 to 2023 Statista, https://www.statista.com/statistics/1196086/mercado-libre-e-commerce-share/ (last visited July 08, 2023), Gross merchandise volume generated by MercadoLibre, Inc. as percentage of total retail e-commerce sales in Latin America from 2017 to 2023 [Graph], eMarketer (@eMarketer), August 22, 2022. The company is the market leader in three main markets Brazil, where they have 27% market share, Argentina (68%) and Mexico (13.6%). But with some sanctions recently lifted and a crackdown on corruption in PDVSA, could there be light at the end of the tunnel? February 24, 2023. Quarterly Results - MercadoLibre This massive leak gave us a stark view of the extent of global tax havens, with Panama right at the center. Accepting payments is just a small piece of their robust offering; by providing services like investment accounts, transfers, and credit loans, Mercado Pago is essentially a bank, and a massive one at that:More than 38M use Mercado Pago on a regular basis. MercadoLibre is the largest e-commerce company in Latin America. Let's look at why these three e-commerce stocks are great buys in July. While Asia, where limes originated, still leads global production, the Americas is closing in, with only a 10% difference in output This statistic is not included in your account. Mar 9, 2023. It's active in 18 countries, but it . Show sources information This remarkable improvement can be attributed primarily to a 330 basis point expansion related to cost of goods sold, excluding salaries and wages, as well as 300 basis point expansion driven by enhancements in the quality of assets and improvements in credit conditions (provisions for doubtful accounts). The fintech side of the company's business really does remind me of Alipay in China. The majority of the company's revenue is derived from Brazil (55%), Argentina (25%) and Mexico (15%), but they also operate in smaller markets such as Chile and Columbia. The valuation is attractive both intrinsically and historically, thus this could be a great investment for the long term. MercadoLibre Stock Valuation 2022 (MercadoLibre Stock Valuation 2022). Historically the company is trading at the lowest price to sales ratio since 2016. You only have access to basic statistics. MercadoLibre Vs Competitors (author created at Y Charts). MercadoLibre, Inc. (literally "free market" in Spanish, and known as Mercado Livre in Portuguese) is an Argentine company headquartered in Montevideo, Uruguay, incorporated in the United States that operates online marketplaces dedicated to e-commerce and online auctions.As of 2016, Mercado Libre had 174.2 million users in Latin America, making it the region's most popular e-commerce site by . Mercado Libre: share in Latin American e-tail 2023 | Statista Interviewed Hedge Fund Managers and CEO's. The region's largest e-commerce market is Brazil, which makes up approximately one third (32.5%) of all e-commerce volume in Latin America. Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2023, Quarterly smartphone market share worldwide by vendor 2009-2023, Number of apps available in leading app stores Q3 2022, Profit from additional features with an Employee Account. keep you from seeing this site. facts. You can update your choices at any time in your settings. Surprisingly, this growth rate has even accelerated from the already remarkable 81.2% TPV growth recorded in Q1-2022 and the 80% TPV growth reported in Q4-2022, underscoring the absence of any imminent slowdown. Stephanie Chevalier. With a population north of 670 million and no other company developing an e-commerce, logistics, and fintech network as comprehensive as MercadoLibre's, the company is well-positioned to completely dominate these fields. Born in . Those seeds are the ancestors of what is now a massive industry. Use Ask Statista Research Service. gross merchandise volume (GMV) generated by MercadoLibre, Inc. (Shutterstock) Latin America's largest e-commerce platform, announced net revenues for the fourth quarter of $2.1 billion, a year-over-year increase of 73.9 percent. And then, there's the U.S. twist. MercadoLibre Stock (NASDAQ:MELI): Economies of Scale to Fuel Shares You will save money & time to make your business grow in Latin America. Mar 28, 2023. Full story: https://lnkd.in/eb_ExA8u By 2023, the gross merchandise volume (GMV) generated by MercadoLibre, Inc., Inc. was forecast to account for more than a quarter (21.6 percent) of all e-commerce sales in Latin America. Mercado Libre: monthly traffic by country | Statista have been trading relatively flat for several months, Do Not Sell My Personal Information (CA Residents Only). 3 Top E-Commerce Stocks to Buy in July | The Motley Fool Not only does this suggest a tremendous increase of 58.4% year-over-year on an FX-neutral basis, but it even implies an acceleration from Q4-2022's revenue growth of 56% and from its five and 10-year historical averages! Written by dollars)." MercadoLibre, Inc. engages in the provision of online commerce platform with focus on e-commerce and its related services. [FULL STORY ON OUR NEWSLETTER], Get a taste of Singapore, Switzerland, and the United States right here in Latin America as we uncover Panama's impressive banking system.
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