MercadoLibre is an online marketplace dedicated to e-commerce and online auctions. It is Latin America's most popular e-commerce site by number of visitors.
Gross Merchandise Volume (GMV) is affected by currency exchange, number of items sold is a better metric to understand growth.
56% of sales are made in Brazil, 30% in Argentina, 5% in Mexico, 3% in Venezuela and 4% in other countries.
Last reported quarter 2019 Q1 it was $3,087.80 million, down by -1% year-over-year from $3,126.40 million. From $11,749.70 million in 2017 it increased by 6% to $12,490.00 million in 2018.
Source: MerchadoLibre Quarterly Results.