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Sep 30, 2021
MercadoLibre Q3 2021 Earnings Report
MercadoLibre's financial performance demonstrated significant growth, driven by strong volume increases and improved user engagement.
Key Takeaways
MercadoLibre reported a strong third quarter with net revenues of $1.9 billion, a 72.9% increase year-over-year on an FX neutral basis. The company saw growth in gross merchandise volume, payment volumes and credit portfolio size. Unique active users reached 78.7 million.
Net revenues increased by 72.9% year-over-year on an FX neutral basis, reaching $1.9 billion.
Total Payment Volume reached $20.9 billion, up 59.0% year-over-year on an FX neutral basis.
Gross Merchandise Volume grew to $7.3 billion, a 29.7% increase year-over-year on an FX neutral basis.
Unique active users reached 78.7 million across the entire ecosystem.
Revenue by Geographic Location
Forward Guidance
The company did not provide specific forward guidance in this report.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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