Consistent Revenue Growth
Revenues grew by 39% year-on-year, marking the 27th consecutive quarter of growth above 30%, driven by strategic investments across MercadoLibre's ecosystem.
Improved Shipping Efficiency
Higher transaction volumes helped reduce unit shipping costs in Brazil by 8% quarter-over-quarter, with improved logistical efficiency and capacity utilization.
Strong Performance of Mercado Pago
Mercado Pago saw accelerated monthly active users and record NPS in Brazil, reflecting the platform's value proposition through UX improvements and credit product offerings.
Successful Expansion in Mexico and Other Markets
MercadoLibre experienced accelerated GMV growth in Mexico, Chile, and Colombia, with improved logistics and increased market share, particularly in Chile.
Record Growth in Active Users
The platform saw a significant increase in active users, adding between 6 to 7 million new quarterly active users, with 7.8 million new buyers across Latin America.