Mercado libre delivers solid q3 results posting revenue of $5.3b driven by user and engagement surge across markets and businesses

Montevideo, nov. 06, 2024 (globe newswire) -- mercado libre delivers solid q3 results posting revenue of $5.3b driven by user and engagement surge across markets and businesses investments in customer experience, technology and logistics increase sales and engagement across latin america; in commerce, unique buyers climbed 21% year-on-year, to nearly 61 million, while gmv reached $12.9 billion , rising 14% in dollars; mercado pago saw its credit portfolio soar by 77% year-on-year, reaching an impressive $6 billion ; and total payment volume (tpv) increased by 34% to $50.7 billion . montevideo, uruguay.
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