Data Drop: 25 Years of Mercado Libre in Latin America

With more than 76,000 employees and $50 billion in sales in 2024, Mercado Libre commands a market-leading presence in Latin America. These five charts demonstrate how the ecommerce giant continues to drive economic growth, financial inclusion, and digital transformation across the region.

Mercado Libre is the largest ecommerce player in Latin America

The company’s retail ecommerce business will surpass $50 billion in sales this year for the first time, according to our forecast. Mercado Libre’s continued multibillion-dollar investments into its ecommerce and fintech businesses will help the pure-play retailer solidify its dominance in every Latin American market where it operates. By 2026, 30% of every $10 spent online in the region will occur on Mercado Libre’s digital marketplace, up from slightly less than a quarter in 2022.