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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

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Categories: Internet
Countries: Latin America
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