MercadoLibre Posts Fourth Consecutive Quarter of Accelerating Revenue Growth Over 100%

MercadoLibre Posts Fourth Consecutive Quarter of Accelerating Revenue Growth Over 100%

MercadoLibre (NASDAQ: MELI) delivered triple-digit growth to kick off 2021, marking its fourth consecutive quarter of year-over-year revenue growth over 100%. The results were driven by online retail that soared 139%, while fintech revenue from its digital-payments offering -- Mercado Pago -- jumped 72%. Many of MercadoLibre's underlying metrics were equally impressive.