Mercado Libre's Strategic Investments Drive Net Revenue to $7.4 Billion in Q3 2025, Marking the 27th Consecutive Quarter of Growth Above 30% YoY

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[{"type":"list","items":[{"val":[{"type":"text","content":"Commerce: In Brazil, GMV grew 34% YoY; items sold growth accelerated 42% YoY and Unique Buyers grew at the fastest pace since Q1 2021","length":133,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Fintech: Monthly Active Users reached 72 million, growing 29% YoY, and the credit portfolio grew 83% YoY to $11.0 billion as the Mercado Pago credit card became the most used credit card in the marketplace in Brazil","length":215,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Advertising: FX-neutral revenue growth accelerated to 63% YoY driven by Brazil and Mexico","length":89,"tagName":"p","attribs":{}}]}],"tagName":"ul","bulletedList":true,"length":437,"olType":false},{"type":"text","content":"MONTEVIDEO, Uruguay, October 29, 2025--(BUSINESS WIRE)-- Mercado Libre (NASDAQ: MELI), Latin America’s leading e-commerce and fintech platform, today announced its third quarter 2025 financial results, with net revenue growing 39% YoY to US$7.4 billion, marking the 27th consecutive quarter of growth above 30% YoY. Market share and NPS data show that we have significantly strengthened our competitive position through the same period. In Q3, we went even further by investing in the expansion of free shipping in Brazil and continuing to ramp up our credit card offerings. This helps us to keep reducing the friction of buying online and increasing principality in Mercado Pago.","length":680,"tagName":"p"},{"type":"text","content":"In commerce, Mercado Libre's ongoing investments in free shipping, fulfillment, user experience, and assortment drove outstanding growth in Brazil, Mexico, and Argentina. In Brazil, lowering the free shipping threshold led to YoY growth accelerating to 42% in items sold and 34% in FX-neutral GMV. Unique buyers in the country also grew 29% YoY - the fastest pace of growth since Q1 2021, and the largest quarterly addition of unique buyers in the company's history. Conversion reached a record high, while frequency and retention also strengthened. Mexico also delivered an excellent performance with items sold growing 42% YoY, and FX-neutral GMV growth accelerating to 34% YoY. Cross-border trade, 1P and record fulfillment penetration were highlights. Argentina performed well, despite a challenging macro backdrop, with items sold rising 34% YoY, supporting F...

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