Mexico is the country where e-commerce grows the most: Mercado Libre

288,000 Mexican families rely on Mercado Libre's ecosystem for their income.
Mexico has experienced significant e-commerce growth, with Mercado Libre planning to expand its infrastructure and logistics network to meet the increasing demand.

Mexico is the second largest market in LATAM for Mercado Libre. Photo: Reproduction Instagram.

01/16/2023

David Geisen, CEO of Mercado Libre Mexico, affirms that 288,000 Mexican families derive the majority of their income from the company's ecosystem.

Over the past three years, Mexico has experienced the highest growth in e-commerce worldwide. In 2019, it grew by 35%; in 2020, it grew by 81% due to the pandemic. Although the growth rate slowed down last year, it continues at a good pace: 27%.

The e-commerce industry will continue to advance rapidly in the country, and Mercado Libre will continue to invest in infrastructure, as it plans to open new warehouses in different regions of Mexico next year. The company also plans to expand its logistics network, which is responsible for delivering more than 90% of all items sold on its platform.

Read the full article (in Spanish).

Latam

Mexico

National

CRE

Market Analytics

Retail And E-Commerce

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