MercadoLibre, Inc. Reports Third Quarter 2022 Financial Results

Rhea-AI Summary

On November 3, 2022, MercadoLibre (Nasdaq: MELI) announced its financial results for Q3 2022, highlighting continued leadership in Latin America's e-commerce and payments ecosystem. The company's investor relations section posted a detailed letter, alongside an upcoming earnings video and conference call scheduled for the same day at 5:00 p.m. ET. MercadoLibre operates across 18 countries and aims to address the unique challenges of the Latin American market, leveraging rapid internet adoption trends.

Positive

• Market leader in Latin America's e-commerce, enhancing brand recognition and user base.
• Presence in 18 countries, providing a broad customer reach and growth potential.

Negative

• None.

MONTEVIDEO, Uruguay, Nov. 03, 2022 (GLOBE NEWSWIRE) -- MercadoLibre, Inc. (Nasdaq: MELI) (http://www.mercadolibre.com), Latin America’s leading e-commerce technology company, today reported financial results for the quarter ended September 30, 2022, in a letter to shareholders, which is now posted to the Investor Relations section of MercadoLibre’s website.

The Company will host an earnings video as well as a conference call and audio webcast for any questions that investors may have on November 3rd, 2022, at 5:00 p.m. Eastern Time. To participate in our conference call, investors, analysts, and the market in general may access the following link at https://register.vevent.com/register/BI64b773ad6ee04e0b913c0514dc178990 to be provided with the dial-in number and personal pin code to join the conference call. Access to our video webcast and the live audio will be available in the investor relations section of the Company's website, at http://investor.mercadolibre.com. An archive of the webcast will be available for one week following the conclusion of the conference call.

About MercadoLibre

MercadoLibre hosts the largest online commerce and payments ecosystem in Latin America, focusing on enabling e-commerce and digital and mobile financial service on behalf of its customers by delivering a suite of technology solutions across the complete value chain of commerce. The company is present in 18 countries including: Argentina, Brazil, Mexico, Colombia, Chile and Peru. Based on unique visitors and page views we are market leaders in each of the major countries where we are present.

Through its online commerce platform and related services, MercadoLibre provides its users with robust online commerce and payments tools that not only contribute to the development of a large and growing e-commerce community in Latin America (a region with a population of over 650 million people and one of the fastest-growing Internet penetration rates in the world), but also foster entrepreneurship and social mobility. Its main focus is to deliver compelling technological and commercial solutions that address the distinctive cultural and geographic challenges of operating an online commerce and payments platform in Latin America. For more information about MercadoLibre.com, visit: http://investor.mercadolibre.com

Investor Relations Contact:
investor@mercadolibre.com
http://investor.mercadolibre.com

Media Relations Contact:
valeria.bazzi@mercadolibre.com 

FAQ

What were MercadoLibre's Q3 2022 financial results?

MercadoLibre reported its financial results for Q3 2022, details of which are available on their investor relations webpage.

When will MercadoLibre hold its Q3 2022 earnings call?

MercadoLibre's Q3 2022 earnings call is scheduled for November 3, 2022, at 5:00 p.m. Eastern Time.

What is MercadoLibre's presence in Latin America?

MercadoLibre operates in 18 countries across Latin America, establishing itself as a market leader in online commerce.