On average, the operating expenses incurred by MercadoLibre, Inc. increased by 30.4 percent from 2022 to 2023. However, the spending growth varied in type. In 2023, Mercado Libre's sales and marketing-related expenses amounted to over 1.7 billion U.S. dollars, around 34 percent more than the previous year. Meanwhile, the total spent on general and administrative resources increased by approximately 16 percent and reached 766 million dollars in 2023. That same year, Mercado Libre's product and technology development-related expenses grew by 66.6 percent and totaled more than 1.8 billion dollars.
Operating expenses of MercadoLibre, Inc. from 2018 to 2023, by type
(in million U.S. dollars)
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MercadoLibre. (February 23, 2024). Operating expenses of MercadoLibre, Inc. from 2018 to 2023, by type (in million U.S. dollars) [Graph]. In Statista. Retrieved November 18, 2024, from https://www.statista.com/statistics/1219038/mercadolibre-expenses-type/
MercadoLibre. "Operating expenses of MercadoLibre, Inc. from 2018 to 2023, by type (in million U.S. dollars)." Chart. February 23, 2024. Statista. Accessed November 18, 2024. https://www.statista.com/statistics/1219038/mercadolibre-expenses-type/
MercadoLibre. (2024). Operating expenses of MercadoLibre, Inc. from 2018 to 2023, by type (in million U.S. dollars). Statista. Statista Inc.. Accessed: November 18, 2024. https://www.statista.com/statistics/1219038/mercadolibre-expenses-type/
MercadoLibre. "Operating Expenses of Mercadolibre, Inc. from 2018 to 2023, by Type (in Million U.S. Dollars)." Statista, Statista Inc., 23 Feb 2024, https://www.statista.com/statistics/1219038/mercadolibre-expenses-type/
MercadoLibre, Operating expenses of MercadoLibre, Inc. from 2018 to 2023, by type (in million U.S. dollars) Statista, https://www.statista.com/statistics/1219038/mercadolibre-expenses-type/ (last visited November 18, 2024)
Operating expenses of MercadoLibre, Inc. from 2018 to 2023, by type (in million U.S. dollars) [Graph], MercadoLibre, February 23, 2024. [Online]. Available: https://www.statista.com/statistics/1219038/mercadolibre-expenses-type/
