to incorporate the statistic into your presentation at any time. A paid subscription is required for full access. For example, an item can take many weeks to arrive via Shopee and this only seems to appeal to customers who want very cheap items and don't mind this wait. For instance, PayPal (NASDAQ:PYPL), a bellwether in the industry, reported a modest 10% TPV growth rate on an FX-neutral basis, primarily due to inflation, resulting in negligible real growth (ex-inflation). TipRanks is the most comprehensive data set of sell side analysts and hedge fund managers. MercadoLibre annual revenue for 2022 was $10.537B, a 49.06% increase from 2021. MercadoLibre (MELI) Stock Price Performance, Total Enterprise Value to Total Revenue (ttm). On her tour, von der Leyen has committed 10B+ of European investment in Latin America and the Caribbean through the Global Gateway. Mar 28, 2023. Business Solutions including all features. MercadoLibre Stock (NASDAQ:MELI): Economies of Scale to Fuel Shares Statista. To use individual functions (e.g., mark statistics as favourites, set How did this fall from grace occur? Show sources information gross merchandise volume (GMV) generated by MercadoLibre, Inc. "Gross merchandise volume generated by MercadoLibre, Inc. as percentage of total retail e-commerce sales in Latin America from 2017 to 2023." TipRanks' multi-award winning platform ranks financial experts based on measured performance and the accuracy of their predictions so investors know who to trust when making investment decisions. On that note, shares have traded flat recently, which may illustrate investors' hesitance to drive the stock higher given its seemingly-rich valuation. and over 1Mio. To report a factual error in this article. Latin America also has cash as the most common form of spending, making up 87% of payments in Argentina, compared to just 28% in the USA (McKinsey Study). We appear to have done something to knock Fool.com offline. About MercadoLibre. Since 1961, it has grown its yearly yield by 24x, taking the coveted title of the world's second-largest producer, right behind India. Historically the company is trading at the lowest price to sales ratio since 2016. [FULL STORY ON OUR NEWSLETTER], The world's largest proven oil reserves reside in Venezuela, making up 18% of the global total. Try hitting refresh. As for air pollution, a potent factor contributing to respiratory issues, these countries exceed both global and LatAm averages. You need at least a Starter Account to use this feature. Revenue for MercadoLibre (MELI) Revenue in 2023 (TTM): $11.32 B According to MercadoLibre's latest financial reports the company's current revenue (TTM) is $11.32 B.In 2022 the company made a revenue of $10.53 B an increase over the years 2021 revenue that were of $7.06 B.The revenue is the total amount of income that a company generates by the sale of goods or services. E-Commerce | FinTech | InsurTech | Digital Transformation | Organizational Development. The European Commission is making its presence felt in Latin America, with President Ursula von der Leyen spearheading efforts to secure more robust regional ties. facts. Use Ask Statista Research Service. 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 . [Online]. Hayley Raso has signed for Real Madrid after her contract at Manchester City ended. A Mercado Libre van makes deliveries. 3 Top E-Commerce Stocks to Buy in July | The Motley Fool Please create an employee account to be able to mark statistics as favorites. As a Premium user you get access to the detailed source references and background information about this statistic. [Online]. This accomplishment is particularly noteworthy when considering the challenges faced by many U.S.-based fintech companies during the same period due to ongoing market turbulence. The picture? The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Industry-specific and extensively researched technical data (partially from exclusive partnerships). Despite this, Argentina's central bank is continuously cutting interest rates. Are you sure its revenue or GMV (transacted value) that you are showing? For example, the company has recently acquired Kangu, a Brazilian logistics company with over 5000 pick-up and drop-off points. Born in . I wrote this article myself, and it expresses my own opinions. Although the 1/10 the size of those giants and has the highest growth rate of the bunch. Profit from the additional features of your individual account. The company's latest financial results once again showcased its immense potential, with revenues and net income experiencing a meteoric rise. From these figures I get a fair value of $1600/share, which means the stock is approximately 30% undervalued. 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. Increasing Smartphone penetration from 72% in 2020 to 81% by 2025 is also expected to further increase e-commerce sales & fintech adoption in South America. The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Industry-specific and extensively researched technical data (partially from exclusive partnerships). [FULL STORY ON OUR NEWSLETTER], Latin America, primarily Mexico, has been stepping up its efforts in recycling plastic waste after China cut its imports drastically in 2018 under Operation National Sword. Requested URL: www.fool.com/investing/2023/06/23/stock-split-stocks-you-can-buy-and-hold/, User-Agent: Mozilla/5.0 (iPhone; CPU iPhone OS 14_6 like Mac OS X) AppleWebKit/605.1.15 (KHTML, like Gecko) Version/14.1.1 Mobile/15E148 Safari/604.1. While Mexico . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. 2023, Nasdaq, Inc. All Rights Reserved. If you have an ad-blocker enabled you may be blocked from proceeding. These countries rank third and fourth globally in death rates from respiratory infections. You can order one of their credit card terminals and start processing payments literally on the same day. MercadoLibre, Inc. generated 5.7 billion U.S. dollars in revenue in Brazil in 2022, while in Argentina, this figure stood at more than 2.5 billion U.S. dollars. Like Markel, MercadoLibre has never split its stock. Please create an employee account to be able to mark statistics as favorites. Profit from the additional features of your individual account. Statista. The country's credit balance from financial institutions totals almost $20K per capita, twice as much as Uruguay's. Notably, these developments resulted in a tremendous surge in the company's operating margin from 6.2% to 11.2%. If Mercado Libre's users were a country, they would be the third largest in Latin America. MercadoLibre, Inc. engages in the provision of online commerce platform with focus on e-commerce and its related services. eMarketer (@eMarketer). These symbols will be available throughout the site during your session. 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). As a Premium user you get access to the detailed source references and background information about this statistic. Nikolaos Sismanis for It's not you, it's us. "Distribution of Net Revenues Generated by Mercadolibre, Inc. from 2019 to 2022, by Country. Currently, you are using a shared account. Our efforts are centered on enabling e-commerce and digital and mobile payments on behalf of our customers by delivering a suite of technology solutions across the complete value chain of commerce. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 1000+ markets in 190+ countries & territories, Insights on consumer attitudes and behavior worldwide, Business information on 70m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. to incorporate the statistic into your presentation at any time. Type a symbol or company name. A noteworthy demonstration of this can be found in the Q1 results, wherein MercadoLibre witnessed a substantial expansion in gross margins from 47.7% to 50.6% year-over-year. What's the reason behind this paradox? The jackpot previously crossed the $600 million mark earlier this year. Mercado Libre broke another record this past quarter: it | 17 comments on LinkedIn Use Ask Statista Research Service, 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, Number of MercadoLibre unique active users 2019-2022, 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. The stock is the most expensive, with a price to sales ratio of 8 (forward PS of 6) compared to Amazon (PS of 3) and Alibaba with PS of 2. The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Industry-specific and extensively researched technical data (partially from exclusive partnerships). Insurance companies have slightly lagged the market but rising interest rates bolster income. In, MacroTrends. Directly accessible data for 170 industries from 150+ countries 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. MercadoLibre (NASDAQ:MELI) has an Ecosystem of five services, which are poised to benefit from industry tailwinds, these include: Fintech (Increasing Digital Payment adoption). EPS and Revenue estimates are for the next 12 months. It's active in 18 countries, but it . At the Brazil Opportunities Conference the company also mentioned part of the companies funds are invested in Crypto assets such as Bitcoin and Ethereum. One benefit of MercadoLibre is they have large market share in the largest and more stable countries such Brazil, Argentina and Mexico. More than 11 years experience in Latam. 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. Chart. February 24, 2023. MercadoLibre's core investment case remains robust, as, despite the company's rapid expansion, the e-commerce and fintech industries remain highly untapped in Latin America. The story of the founded of MercadoLibre draws many parallels to the founding of Amazon. WWE SmackDown from Madison Square Garden projects to do another huge number on the strength of another masterful Bloodline segment in "Tribal Court.". Type a symbol or company name. This massive leak gave us a stark view of the extent of global tax havens, with Panama right at the center. [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. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Home / Quarterly Results A ray of hope comes from Uruguay, where exposure to air pollution has dramatically dropped from 93% to 22% since 2011. The release date given is the date of access. [FULL STORY ON OUR NEWSLETTER], We take a look at the state of peace in Latin America over the last decade. Inflation of costs could squeeze the company's margins, but the real issue is the devaluing of all growth stocks in general thanks to a suspected rising in interest rates. We are present in 18 countries including: Argentina, Brazil, Mexico, Colombia, Chile, Uruguay, Venezuela and Peru. Once the payments business gets big the potencial is way bigger than a marketplace. MercadoLibre Stock Valuation (Created by author Ben at Motivation 2 Invest). MacroTrends. Data prior to 2022 come from previous reporting. In terms of pure volume, the fintech business has now overtaken the marketplace business. Dive into our latest piece for an in-depth look at Panama's unique financial landscape statistic alerts) please log in with your personal account. 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Romain Villa: Odds, Records, Prediction, The Worlds Largest Banks 2023: JPMorgan Chase Takes Top Spot Overall As Five Banks Crack Top Ten Of Forbes Global 2000, Forbes Global 2000: The Worlds Largest Insurance Companies In 2023, Do Not Sell or Share My Personal Information, Limit the Use of My Sensitive Personal Information. To use individual functions (e.g., mark statistics as favourites, set Show publisher information Show sources information [Online]. The narrative of migration in Latin America is complex and layered, shaped by a rich history of intraregional migration, economic prospects, and political climates In 2023, e-commerce in Brazil was forecast to generate approximately 47.6 billion U.S. dollars in revenue, a 25 percent increase from the 38 billion dollars recorded a year earlier. A move that has left many puzzled, especially as it coincides with dwindling foreign reserves and a severe drought that's crippling crucial soy exports. After taking over the state-owned oil company, PDVSA, in 2003, former President Hugo Chvez replaced competent employees with loyal followers, undermining the firm's efficiency. If you are an admin, please authenticate by logging in again. 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. While the value of exporting plastic has been rising, from $0.38 to $0.66 per kilogram, the question remains - can we ever truly solve the colossal issue of plastic waste?.. facts. Show publisher information Senior Investment Analyst for Hedge Funds. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 1000+ markets in 190+ countries & territories, Insights on consumer attitudes and behavior worldwide, Business information on 70m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. The Stanford educated founder spoke in an interview, about coming up with the initial idea. This means companies in this sector have plenty of growth runway ahead. All values as of most recently reported quarter unless otherwise noted. MercadoLibre grew its revenues at a meteoric 77% in 2021 to $7 Billion, while profits soared up . Full story: https://lnkd.in/gVyYH9uz MercadoLibre, Inc. engages in the provision of online commerce platform with focus on e-commerce and its related services. Search Investor Relations. Case in point, Colombia's peace accords and Brazil's democratic steps. In its most recent Q1-2023 results . E-Commerce penetration is also still low in South America, at just 4.9% compared to 13% in the US. Mexico, with a staggering 36% of the continent's output, is leading the lemon charge in the Americas. MercadoLibre hosts the largest online commerce and payments ecosystem in Latin America. Quarterly Results . Interviewed Hedge Fund Managers and CEO's. All Rights Reserved. As a Premium user you get access to the detailed source references and background information about this statistic. In Q3, 2021 the benefits of this network were also clear with approximately 80% of items delivered within 48 hours. August 22, 2022. The ideal entry-level account for individual users. But Argentina is taking a different path. MercadoLibre annual revenue for 2021 was $7.069B, a 77.88% increase from 2020. Its five and 10-year revenue compound annual growth rates stand at 54% and 40%, respectively. If you are an admin, please authenticate by logging in again. 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. This can already be observed by MercadoLibre's ability to sustain an unreal pace of growth over an extended period of time. California often audits those who leave. Mercadolibre's revenue from Brazil witnessed a massive rise from $77.54 million in Q1 2016 to $768.72 million, leading to a growth of 891.39% ($691.18 million). 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. TipRanks->. In fact, MercadoLibre's Q1 results beat analysts' expectations across the board and even re-accelerated from recent quarters. This statistic is not included in your account. This is an "Invest for the future" strategy which is risky but could very well pay off in the future. "Net revenue generated by MercadoLibre, Inc. in 2022, by country (in million U.S. Accessed July 08, 2023. https://www.statista.com/statistics/730392/mercadolibre-revenue-region-share/, MercadoLibre. In addition to MercadoLibre's rapidly expanding e-commerce division, its fintech division is experiencing a remarkable surge, fueled primarily by the increasing adoption of such technologies among Latin America's unbanked population. The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Industry-specific and extensively researched technical data (partially from exclusive partnerships). Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body. As soon as this statistic is updated, you will immediately be notified via e-mail. However, Shopee only has a 5% market share and doesn't have the same logistics infrastructure as MercadoLibre. Show sources information [FULL STORY ON OUR NEWSLETTER], Ever sipped a glass of Uruguayan wine? Analysts Disclosure: I/we have a beneficial long position in the shares of MELI either through stock ownership, options, or other derivatives. Available: https://www.statista.com/statistics/730533/mercado-libre-revenue-region/, Net revenue generated by MercadoLibre, Inc. in 2022, by country, 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 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, MercadoLibre: marketing spending 2014-2022, MercadoLibre quarterly revenue in Brazil 2018-2022, Argentina: SMEs on Mercado Libre before & during the COVID-19 pandemic 2020, Mercado Libre in Argentina: key figures during the COVID-19 pandemic 2020, COVID-19 in Argentina: leading SMEs product categories on Mercado Libre 2020, MercadoLibre quarterly payment transactions 2018-2022, Colombia: MercadoLibre's growth of auto-parts sales 2017, by segment, Monthly traffic to mercadolivre.com.br 2020-2022, Monthly traffic of Mercado Libre in Chile 2022, Number of registered sellers on Alibaba in Laos 2015-2017, Number of registered sellers on Alibaba in Myanmar 2015-2017, Number of registered sellers on Alibaba in Nepal 2015-2017, Number of active buyers on Alibaba in Bangladesh 2015-2017, U.S. marketing professionals use of shopping behavior data from online markets 2018, Pennsylvania's general imports of goods 2017-2022, Industry revenue of floor and wall covering in Belgium 2012-2025, Net revenue generated by MercadoLibre, Inc. in 2022, by country (in million U.S. dollars), Find your information in our database containing over 20,000 reports, MercadoLibre, Inc.s net revenue distribution, e-commerce website with the highest number of monthly visits.
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