Welcome to our dedicated page for Mercadolibre news (Ticker: MELI), a resource for investors and traders seeking the latest updates and insights on Mercadolibre stock.
MercadoLibre (MELI) operates Latin America's leading integrated e-commerce and fintech ecosystem, connecting millions through its digital marketplace and financial services. This page aggregates official company announcements, financial disclosures, and market-moving developments for stakeholders tracking MELI's growth.
Access curated press releases covering quarterly earnings, strategic partnerships, technology innovations, and regulatory updates. Investors gain a centralized resource to monitor operational milestones across MercadoLibre's commerce, payments, and logistics verticals.
Key updates include new market expansions, payment platform enhancements, seller ecosystem developments, and sustainability initiatives. Content is verified from primary sources to ensure accuracy for investment research and competitive analysis.
Bookmark this page for streamlined access to MercadoLibre's latest corporate communications and industry leadership updates.
Mercado Libre (NASDAQ: MELI) has launched a new podcast series 'CFO Perspectives' featuring CFO Martin de los Santos discussing Q4 2024 results. The inaugural episode, available on Spotify, covers key topics including credit growth, NIMAL evolution, logistics investments, and margin strategy.
The company achieved significant milestones in 2024, marking its 25-year anniversary and reaching 100 million unique buyers and 61 million monthly active users for the first time. De los Santos described 2024 as 'one of the best years in our history' and expressed optimism about future opportunities in online commerce, financial inclusion, and advertising growth in Latin America.
Mercado Libre (MELI) reported strong Q4 2024 results with net revenue rising 37% YoY to $6.1 billion and net income reaching $639 million. The company's commerce operations showed robust growth with GMV increasing 8% YoY to $14.5 billion and items sold growing 27% YoY. The platform surpassed 67 million unique buyers in Q4, marking a 24% YoY increase.
In fintech, Mercado Pago expanded its monthly active users by 34% to 61 million, with assets under management growing 129% YoY to $10.6 billion. The credit portfolio reached $6.6 billion, up 74% YoY. For full-year 2024, the company achieved net revenue of $21 billion, up 38% YoY, with net income of $1.9 billion.
Notable operational improvements included the opening of 10 new fulfillment centers and enhanced delivery capabilities, with 49% of shipments delivered within same & next day. Advertising revenue grew 41% YoY, reaching 2.1% of GMV.
MercadoLibre (NASDAQ: MELI) has announced its financial results for Q4 and full-year 2024. The company will host an earnings video conference and Q&A session on February 20 at 5:00 p.m. Eastern Time.
As the largest online commerce ecosystem in Latin America, MercadoLibre operates in 18 countries including Argentina, Brazil, Mexico, Colombia, Chile, and Peru. The company provides both e-commerce and fintech solutions through its platforms MercadoLibre and MercadoPago.
Through MercadoPago, the company offers comprehensive financial technology services including digital accounts, debit cards, online payments, insurance, savings, investments, and credit lines for individuals. For merchants, it provides payment processing services and digital account solutions.
MercadoLibre (NASDAQ: MELI) has announced it will release its fourth quarter 2024 financial results on February 20, 2025. The company will host an earnings results video conference, conference call, and audio webcast at 5:00 p.m. Eastern Time on the same day.
Investors, analysts, and market participants can access the video webcast and live audio through the company's provided links. For the Q&A session, participants can either join through a web link or dial in using the toll-free number 1-866-807-9684 or international number 1-412-317-5415.
MercadoLibre operates the largest online commerce ecosystem in Latin America, serving 18 countries including Argentina, Brazil, Mexico, Colombia, Chile, and Peru. The company combines e-commerce and fintech services through its platforms MercadoLibre and MercadoPago, offering digital accounts, payments processing, insurance, investments, and credit services.
Mercado Libre (NASDAQ: MELI) has released the fifth episode of its podcast series 'Inside Mercado Libre,' featuring CEO and founder Marcos Galperin. The episode, titled 'Marcos Galperin on MELI's Culture,' commemorates the company's 25-year journey and explores the cultural values that have driven its success in Latin America.
Hosted by Investor Relations Officer Richard Cathcart, the podcast provides investors with direct access to executive insights. Galperin discusses the company's core values of hard work, meritocracy, excellence, entrepreneurship, and long-term focus. With over 85,000 employees across Latin America, the company maintains its growth momentum while continuously evaluating threats and exploring new opportunities.
Previous episodes featured discussions on strategy, advertising, logistics, and artificial intelligence with various company executives.
Essendant has expanded its marketplace operations by partnering with Mercado Libre, Latin America's largest online marketplace. This marks Essendant's first entry into the Latin American market, offering power and hand tools from top brands across 18 countries in Mexico, Central and South America.
The partnership, which went live in the first week of October, follows months of development and product curation tailored to the Latin American consumer base. According to Interim CEO David Boone, this expansion through Mercado Libre's international reach represents a critical growth opportunity for Essendant's Connected Commerce program.
Mercado Libre (MELI) reported strong Q3 2024 results with net revenue reaching $5.3 billion, up 35% year-on-year. The company's unique buyers increased 21% to 61 million, while Gross Merchandise Value (GMV) grew 14% to $12.9 billion. In fintech, Mercado Pago saw total payment volume rise 34% to $50.7 billion, with monthly active users growing 35% to 56 million. The credit portfolio expanded 77% year-on-year to $6 billion, while the credit card portfolio surged 172% to $2.3 billion. Operational income reached $557 million amid strategic investments in technology and logistics.
MercadoLibre (MELI) announced it will release its Q3 2024 financial results through a Letter to Shareholders, now available on their Investor Relations website. The company has scheduled an earnings video conference, conference call, and audio webcast for November 6 at 5:00 p.m. Eastern Time. Investors and analysts can participate through a video webcast link or dial-in numbers for the Q&A session. The webcast recording will be accessible for one week after the conference call.
MercadoLibre (MELI) has announced it will release its third quarter 2024 financial results on November 6, 2024. The company will host an earnings results video conference, conference call, and audio webcast at 5:00 p.m. Eastern Time on the same day. Investors, analysts, and market participants can access the video webcast through a provided link, while those wishing to participate in the Q&A session can join via toll-free or international dial-in numbers.
Mercado Libre (NASDAQ: MELI) has released a new episode of its IR Interviews podcast featuring Leandro Cuccioli, Senior VP of CorpDev, Strategy, Sustainability and IR. The episode discusses the company's long-term growth strategy in Latin America, where e-commerce penetration remains at mid-teens levels. With over 90 million unique buyers, Mercado Libre continues to strengthen its market position through logistics, product variety, and retail media. The podcast highlights significant growth opportunities for Mercado Pago in underserved financial markets, particularly in Mexico, where only half the population has a bank account and 11% have credit cards.
