Mercado Libre Forecast 2022

Multibillion-Dollar Investments Will Push Retail Ecommerce Sales to Nearly $35 Billion

About This Report
In Latin America, Mercado Libre is reaping the benefits from consumers’ embrace of ecommerce. This year, we expect its regional ecommerce business will grow by 23.0% to nearly $35 billion, representing more than $1 in $5 spent on retail ecommerce in the region.

Executive Summary

Mercado Libre is Latin America’s dominant retail ecommerce player. Although the ecommerce giant faces intense competition from other local players, multibillion-dollar investments will help the company grow and maintain its market share.

Key Question: How are Mercado Libre’s retail ecommerce sales expected to fare over the next year?

KEY STAT: Mercado Libre’s retail ecommerce business continues to grow significantly in Latin America. It will account for more than one-fifth of total online consumer spending in the region this year.

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Table of Contents

  1. Executive Summary
  2. Mercado Libre Doubles Down on Investments Amid Growing Competition
  3. Looking Ahead
  1. Read Next
  2. Listen Next
  3. Sources
  1. Media Gallery

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Matteo Ceurvels


Paola Flores-Marquez
Researcher, Latin America & Spain
Zach Goldner
Junior Forecasting Analyst
Debra Aho Williamson
Principal Analyst

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