MercadoLibre Inc (NAS:MELI)
$ 1647.915 -44.315 (-2.62%) Market Cap: 83.55 Bil Enterprise Value: 87.22 Bil PE Ratio: 73.73 PB Ratio: 24.64 GF Score: 95/100

Q1 2023 MercadoLibre Inc Earnings Call Transcript

May 03, 2023 / 09:00PM GMT
Release Date Price: $1279.99 (+1.93%)
Operator

Good day, and thank you for standing by. Welcome to the MercadoLibre earnings conference call. (Operator Instructions) Due to some technical issues, we will begin this call with the Q&A segment. After the Q&A, we will have the video available to play on this call. Thank you for your understanding.

Questions & Answers

Operator

(Operator Instructions) Our first question comes from the line of Andrew Ruben from Morgan Stanley.

Andrew R. Ruben
Morgan Stanley, Research Division - Equity Analyst

I'm interested on the commerce take rate. It was a strong quarter. We see the increase of about 50 bps for the seller final value fees, about 60 bps on the shipping fees. I'm curious if you could dig in a bit further on both of those items. Was there any change in your pricing policy? Was it mix? Anything maybe on the contra revenue line? Just trying to understand what drove the take rate expansion, would be helpful.

Pedro Arnt
MercadoLibre, Inc. - Executive VP & CFO

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