MercadoLibre reported strong Q4 2020 results, with net revenues increasing by 148.5% on an FX neutral basis to $1.3 billion. Total Payment Volume reached $15.9 billion, up 134.4% year-over-year on an FX neutral basis, and Gross Merchandise Volume grew to $6.6 billion, up 109.7% year-over-year on an FX neutral basis. Unique active users grew by 71.3% year-over-year, reaching 74.0 million.
Net revenues increased by 148.5% year-over-year on an FX neutral basis, reaching $1.3 billion.
Total Payment Volume grew by 134.4% year-over-year on an FX neutral basis, reaching $15.9 billion.
Gross Merchandise Volume increased by 109.7% year-over-year on an FX neutral basis, reaching $6.6 billion.
Unique active users grew by 71.3% year-over-year, reaching 74.0 million.
The company did not provide specific forward guidance in this earnings report.
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