Mercado Libre Increases Revenues by 37%! South American Amazon Boosts Buyer Numbers and Grows in Goods and Payment Volume!

The South American online trading platform and e-commerce giant Mercado Libre (MELI) published its business figures for the fourth quarter and the entire fiscal year 2024 on Thursday, February 20, 2025, surpassing expectations. The company recorded increases in all key metrics such as buyers, gross merchandise volume, and payment volume, significantly boosting its revenue. The stock surged by more than 10% in after-hours trading to $2335. Revenue growth in the fourth quarter at a high 37% Net revenues and financial income increased sharply...