Part 3/4:
The performance metrics reflect significant growth despite the inherent volatility of currencies in the region against the U.S. dollar. Key indicators reveal that registered users surged by 20%, reaching a total of 152 million. This positions MercadoLibre as the dominant player in Latin America’s e-commerce landscape.
Additionally, the number of items sold—a crucial metric for gauging revenue growth—rose by an impressive 39%, totaling approximately 38 million units. Furthermore, transactions through MercadoPago, the company’s payment processing platform akin to PayPal, skyrocketed by 86% to 27.5 million transactions. This dramatic increase illustrates the rising velocity and adoption of transactions facilitated by MercadoLibre.