# Who are MercadoLibre, Inc.'s customers? Who does MercadoLibre, Inc. earn revenue from?
Canonical: https://valuechain.wiki/mercadolibre · Facet: customers · Updated: 2026-07-12T04:08:00.104+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**Citable summary**: MercadoLibre, Inc. discloses no named confirmed revenue counterparties; 2 relationships are tracked as undisclosed/aggregate. Per the valuechain.wiki graph: 2 revenue edges, backed by 2 dated sources, 1 of them primary filings (as of 2026-07-12).

### 커머스 마켓플레이스·물류 (판매자·소비자) (high)
- metric: Amount $16,294 · FY2025 · Commerce segment net revenues (US$ millions)
- note: The Commerce segment earns from marketplace fees, logistics (Mercado Envios) and advertising, paid by sellers and buyers. FY2025 revenue was $16.29B, 56% of the total.
- [confirms] Newspim GAM (KO, news, published 2026-05-15) https://www.newspim.com/news/view/20260514000766: "Korean-language report. Alongside Q1 net revenue of $8.85B (+49%), it cites Brazil commerce GMV up 38%, listings up 56% and fulfillment expanded to 50 centers (55% of shipments handled directly), confirming marketplace and logistics driven commerce growth."
- [confirms] MercadoLibre FY2025 Form 10-K (EN, filing, published 2026-02-25) https://www.sec.gov/Archives/edgar/data/1099590/000109959026000006/meli-20251231.htm: "The 10-K reports Commerce net revenues of $16,294M in 2025, comprising marketplace, logistics and advertising."

### 핀테크 Mercado Pago (이용자·가맹점) (high)
- metric: Amount $12,599 · FY2025 · Fintech segment net revenues and financial income (US$ millions)
- note: The Fintech (Mercado Pago) segment earns from payments, credit, asset management and POS, paid by users and merchants. FY2025 revenue was $12.60B, 44% of the total, and in Argentina fintech exceeds commerce.
- [confirms] MercadoLibre FY2025 Form 10-K (EN, filing, published 2026-02-25) https://www.sec.gov/Archives/edgar/data/1099590/000109959026000006/meli-20251231.htm: "The 10-K reports Fintech net revenues and financial income of $12,599M in 2025, with Argentine fintech ($3,928M) exceeding commerce ($2,034M)."

Reverse side: https://valuechain.wiki/mercadolibre/suppliers.md · Ripple: https://valuechain.wiki/mercadolibre/ripple.md

---
Full node: https://valuechain.wiki/mercadolibre.md · JSON: https://valuechain.wiki/mercadolibre.json