Spotlight

Mercado Libre Forecast 2022

Multibillion-Dollar Investments Will Push Retail Ecommerce Sales to Nearly $35 Billion

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About This Report
In Latin America, Mercado Libre is reaping the benefits from consumers’ embrace of ecommerce. This year, we expect its regional ecommerce business will grow by 23.0% to nearly $35 billion, representing more than $1 in $5 spent on retail ecommerce in the region.
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Executive Summary

Mercado Libre is Latin America’s dominant retail ecommerce player. Although the ecommerce giant faces intense competition from other local players, multibillion-dollar investments will help the company grow and maintain its market share.

Key Question: How are Mercado Libre’s retail ecommerce sales expected to fare over the next year?

KEY STAT: Mercado Libre’s retail ecommerce business continues to grow significantly in Latin America. It will account for more than one-fifth of total online consumer spending in the region this year.

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Table of Contents

  1. Executive Summary
  2. Mercado Libre Doubles Down on Investments Amid Growing Competition
  3. Looking Ahead
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  3. Sources
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authors

Matteo Ceurvels

Contributors

Paola Flores-Marquez
Researcher, Latin America & Spain
Zach Goldner
Junior Forecasting Analyst
Debra Aho Williamson
Principal Analyst
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