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MercadoLibre net revenues up 37% to USD 652 million in Q1

Wednesday 6 May 2020 | 16:55 CET | News
E-commerce group MercadoLibre reported net revenues of USD 652 million in the first quarter of 2020, a year-on-year increase of 37.6 percent. The company's main markets (Brazil, Argentina and Mexico) grew by 70.5 percent in constant currency, with revenues in Brazil (responsible for 61% of total revenues) rising 31.4 percent in dollars and 55 percent in reais. 

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Categories: Internet
Companies: MercadoLibre
Countries: Brazil
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