Company

Mercado Libre

美客多

Mercado Libre is Latin America's dominant e-commerce platform, often compared to a hybrid of Amazon and eBay for the region. As of mid-2024, it commanded roughly 30% of Latin America's online retail market alongside Brazil, with second-quarter GMV reaching $126 billion and revenue growing 42% year-over-year to $5.1 billion, per 暗涌Waves . The company has been a primary beneficiary of Mexico's e-commerce boom, which saw 25.1% sales growth in 2023 — the fastest globally that year — though it later faced intensified competition from Chinese platforms Shein and Temu entering the market in 2021 .

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Mercado LibreCompany
美客多
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