In 2022, Mercado Libre recorded a net income of nearly $10.537 billion, representing a 68.7% increase compared to the previous year. Additionally, the platform has an impressive user base, with 148 million users who made online purchases through the platform in 2022. This success is due in part to the company's expansion strategy throughout Latin America.
jueves 11 de mayo | 2023
Mercado Libre: a great example of Anglo-Latino success. What is Digital Physics?
(By Juan Maqueda and Marcelo Maurizio, from Miami) What is Digital Physics or the crossing or the on-off convergence? The success of Mercado Libre in Latin American e-commerce and its penetration into the "Anglo-Latino" world has become a legendary story. At a time when many companies are struggling to survive, the platform has experienced unprecedented growth, surpassing revenue and earnings expectations in 2022 and so far in 2023. The company, founded in Argentina in 1999 by entrepreneur Marcos Galperin, has evolved to become one of the giants of e-commerce in Latin America and one of the region's most valuable companies.