Mercado Livre user base up 23% in Q2

Monday 5 August 2013 | 12:05 CET | News
Latin American e-commerce portal Mercado Livre achieved a 38.3 percent increase (in local currency) in net profit in the second quarter over the same period of 2012, to USD 112 million. The volume of transactions grew 45 percent to USD 1.7 billion. The company also recorded growth of 27.1 percent in the number of products marketed from April to June, totaling 20.1 million, while payments made by MercadoPago rose 34.7 percent to 7.4 million transactions. The number of registered users rose 23.2 percent year-on-year to 90.2 million in the thirteen countries where the company has operations

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Categories: Internet
Countries: Latin America
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


83% of Latin Americans want to purchase via mobile phone

Published 30 Sep 2013 11:10 CET | Latin America
In Latin America, 83 percent of consumers plan to buy products and services through their mobile devices, according to research ...

MercadoLibre mobile purchases dearer than those from PC

Published 10 Sep 2013 12:32 CET | Brazil
Latin American e-commerce site MercadoLibre has announced that the average price of purchases made from mobile devices in Brazil ...

Mercado Livre, Wayra announce fund for Brazilian start-ups

Published 06 Sep 2013 14:44 CET | Brazil
Latin American e-commerce site Mercado Livre has announced an agreement with Telefonica unit Wayra to provide incentives for ...