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 2017 Q3 it was $3,075.30 million, up by 51% from $2,040.20 million the same quarter a year before.
Since 2015 it increased by 13%, from $7,150.80 million to $8,048.10 million in 2016.
Source: MerchadoLibre Quarterly Results.