
Mercado Libre ($MELI) has reported record financial results for 2024, driven by growth in its e-commerce, fintech, and credit operations. The company's Mercado Play platform has achieved over 4 million monthly viewers, offers more than 2,500 titles, and provides over 15,900 hours of free content across eight countries in Latin America. The platform is compatible with 72.4 million smart TVs in the region, underscoring the strength of the Mercado Libre ecosystem. Additionally, e-commerce in Latin America grew by 10.5% in 2024 compared to 2023, ranking second globally behind Africa, which saw a growth rate of 12.9%. North America and Asia both recorded 8% growth, while Europe had a growth rate of 5.2%. These developments highlight the ongoing expansion of the e-commerce sector in Latin America.
$MELI $SE “LatAm continues to grow in e-commerce. In 2024, LatAm grew by 10.5% vs 2023, ranking 2nd behind Africa with 12.9%. Latam is followed by North America and Asia (both with 8% growth) and Europe closes the list, with 5.2%. The region continues to grow at 2 digits”. https://t.co/NtZLiTaCSi
Mercado Libre cerró 2024 con resultados financieros récord, impulsados por el crecimiento en ecommerce, fintech y crédito. ¿Es momento de invertir en la compañía? https://t.co/gDyl7v1Rwi
Great breakdown of $MELI https://t.co/gtessRdpEN
