MercadoLibre’s Active Users Worldwide (2016-2023)

This statistic highlights Mercadolibre’s Active Users Worldwide, reported on a quarterly basis from Q1 2016 onwards.

MercadoLibre Incorporation. is an e-trade company. The Company permits trade via its market platform in Latin America, that is designed to offer customers with a portfolio of offerings to facilitate business transactions. MercadoLibre S.A. (based in Argentina), MercadoLibre S.A. de C.V. (based in Mexico), MercadoLibre.COM Atividades de Internet Ltda (based in Brazil), MercadoLibre Chile Ltda. (based in Chile), and MercadoLibre Colombia, S.A. (based in Colombia) are few of the subsidiaries run and owned by MercadoLibre Incorportion.

Mercadolibre’s Active Users Worldwide

(All figures are in millions)

43.2 51.5

MercadoLibre Incorporation’s active users worldwide inclined from 76.10 million in Q3 2020 to 82.20, million in Q4 2021, indicating an upward growth of 8.01% (6.10 million). The company’s active users worldwide in Q3 2020 were 76.10 million which further increased to 78.70 million in Q3 2021, marking a year-on-year rise of 3.41% or 1.40 million. In Q4 2020, active users worldwide of the company were 74.00 million, which further increased to 82.20 million in Q4 2021, showing a year-on-year growth of 11.08% or 8.20million.

In 2020, the company’s active users worldwide witnessed an upward trend for the first three quarters and declined in the last quarter. In Q1 2020, the company had 43.2 million active users, which increased to 51.5 million in Q2 2020, making an increment of 19.2% or 8.3 million. Further, it continued to rise, from 51.5 million in Q2 2020 to 76.1 million in Q3 2020m witnessing an increase of 47.76% or 24.6 million. The number of active users worldwide then decreased from 76.10 million in Q3 2020 to 74.00 million in Q4 2020, showing a quarter-on-quarter fall of 2.83% or 2.10million. The company’s active users worldwide had a continuous fall in Q1 2021 also, as it reported active users worldwide of 69.80 million in Q1 2021, indicating a quarter-on-quarter fall of 5.6% or 4.20 million.

In 2021, however, the total number of active users worldwide was on the rise. It increased from 69.8 million in Q1 2021 to 75.90 million in Q2 2021, recording a quarter-on-quarter growth of 8.7% or 6.10 million. Further, it increased to 78.70 million in Q3 2021, from 75.90 million in Q2 2021, marking a quarter-on-quarter of 3.6% or 2.80 million. In Q4 2021, the company recorded active users of 82.20 million, indicating quarter-on-quarter growth of 4.2% or 3.50 million, from 78.7 million in Q3 2021.

The total active users of the company stood at 11.0 million in Q1 2016 and it increased to 82.20 million in Q4 2021, showing an overall growth of 647.27% or 71.20 million over a span of 6 years. In Q4 2020, the number of active users declined and continued to fall till the next quarter of Q1 2021. However due to excellent efforts of the company in the year 2021, mainly from Q2 2021, the company’s active users worldwide witnessed a positive and upward economic trend.

About Mercalodibre

MercadoLibre Incorporation is a public Argentine Company that operates its functions online. The company was founded on 2 August 1999 in Argentina by Stelleo Passos Tolda, Marcos Galperin, and Hernan J. Kazah. However, it is established in United States and has its headquarters in Buenos Aires, Argentina. The company has approximately 15,546 employees. MercadoLibre Incorporation’s efforts are focused on allowing e-trade and virtual and cellular bills on behalf of its clients. The company has branches in 18 nations including Argentina, Brazil, Mexico, Colombia, Chile, Venezuela, and Peru. Based on precise traffic and web page perspectives, the company comes in marketplace leaders in each of the primary nations wherein the company is present. The company trades on NASDAQ (National Association of Securities Dealers Quotations) using the ticker “MELI.”

Through the company’s online trade platform and associated services, the company offers its customers a strong online trade and bills tools that no longer make contributions to the improvement of a huge and developing eCommerce network in Latin America (a vicinity with a populace of over 635 million human beings and one of the fastest-developing Internet penetration charges in the world), however it additionally fosters entrepreneurship and social mobility. The company’s essential attention is to supply compelling technological and industrial answers that deal with the exceptional cultural and geographic demanding situations of working on a web trade and bills platform in Latin America.

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