IBOV 171,031.73 ▲ 1.85% IPSA 11,338.38 ▲ 0.89% IPC MEX 65,729.18 ▲ 2.14% MERVAL 2,913,184 ▲ 1.30% COLCAP 2,459.23 ▲ 0.61% BVL PERÚ 58,698.13 ▲ 2.60% USD/BRL5.14▲ 0.02% USD/MXN16.92▲ 0.08% USD/CLP914.28— 0.00% USD/COP3,043▲ 0.02% USD/PEN3.36▲ 0.04% USD/ARS1,499▼ 0.03% USD/UYU40.20— 0.00% USD/PYG5,996▲ 1.39% USD/BOB11.43— 0.00% USD/DOP58.61▼ 0.07% USD/CRC450.05— 0.00% USD/GTQ7.62— 0.00% USD/HNL26.81— 0.00% USD/NIO36.62— 0.00% USD/VES782.70▲ 0.48% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.71— 0.00% EUR/BRL5.99▼ 0.13% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 171,031.73 ▲ 1.85% IPSA 11,338.38 ▲ 0.89% IPC MEX 65,729.18 ▲ 2.14% MERVAL 2,913,184 ▲ 1.30% COLCAP 2,459.23 ▲ 0.61% BVL PERÚ 58,698.13 ▲ 2.60% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
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Brazil Business - Brazil

Mercado Libre Now Has Own-brand Air Freight Fleet in Brazil

By · November 4, 2020 · 2 min read

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RIO DE JANEIRO, BRAZIL – Mercado Libre, the largest e-commerce and financial services technology group in Latin America, now has its own fleet of aircraft in Brazil to deliver the orders made on its website. Meli Air comprises four aircraft operated by different airlines that will help the group reduce package delivery times in the country, in addition to increasing next-day delivery capacity for products stored at its distribution centers in São Paulo and Bahia.

Meli Air comprises four aircraft operated by different airlines that will help the group reduce package delivery times in the country, in addition to increasing next-day delivery capacity for products stored at its distribution centers in São Paulo and Bahia.
Meli Air comprises four aircraft operated by different airlines that will help the group reduce package delivery times in the country, in addition to increasing next-day delivery capacity for products stored at its distribution centers in São Paulo and Bahia. (Photo internet reproduction)
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“We want to have the best logistics in Brazil and increase the number of next-day deliveries. The consistent and robust expansion of our logistics network is critical for the maintenance of service excellence and satisfaction of the end consumer – both sellers and buyers in our platform,” says Leandro Bassoi, Vice-President of Mercado Envios, the logistics arm of the technology giant. “In addition to enhancing the purchasing experience in Brazil, we expect that the fleet will contribute to enhancing the brand’s visual recognition associated with the attributes of trust and logistical efficiency”.

This is Mercado Libre’s latest investment to expand its logistics network in Brazil, the most populous and wealthiest country in the Americas. The aircraft came just in time for BlackFriday, the promotional Friday which is the local trade’s main hope to try to recover some of the losses during the novel coronavirus pandemic.

Since 2019, Mercado Libre has partnered with Brazilian airlines. During the pandemic, it helped keeping the freight industry alive by shipping large volumes of purchases by air. In 2020, Mercado Libre plans to invest R$4 billion in Brazil, the largest figure ever spent in the country.

This sum should be even higher in 2021. In addition to expanding its own freight fleet, these investments involve the installation of new distribution centers and cross-dockings, and the development of new tools to reduce delivery time and cost of the marketplace.

Before the crisis, the projection for the Brazilian e-commerce growth was of 18 percent. This figure should be much higher. In one semester alone, Brazilian e-commerce grew by levels unseen in the past 20 years. According to an Ebit/Nielsen research conducted in partnership with Elo, online sales revenue increased by 47 percent in the first semester, totaling R$38.8 billion. In all, 90.8 million orders were placed between January and June 2020.

The e-commerce peak occurred between April 5th and June 28th, when most Brazilian cities were under measures to contain the flow of people. Over this period, the number of orders grew by 70 percent compared to 2019.

Source: Exame

Live Company IntelligenceMercadoLibre Inc. — the full investor dossierInside: live share price, market cap, three-year financials, valuation, ESG and peer benchmarks — plus the latest Rio Times coverage.
M
◆ Live Company Intelligence
MercadoLibre
NASDAQ: MELIMERCADOLIBREConsumer CyclicalInternet Retail123,670 employees
$97.48B
Market cap
Analyst target $2,256.54

Wall Street view

4.4Buy/ 5
21 Buy3 Hold1 Sell
Avg. price target $2,256.54  ·  +21% vs 200-day

Valuation & profitability

Market cap$97.48B
Revenue (TTM)$35.18B
P / E ratio52.4
Profit margin5.3%
Return on equity27.5%

Price & risk

52-wk low
$1,495.00
52-wk high
$2,548.50
Beta (volatility)1.31
200-day average$1,868.22

Revenue trend · 6y

20202025
Latest $28.89B

Ownership

Institutions80.5%
Shares outstanding51M
Top holderCapital Research Global Investors
Institutional holders5+ funds

Dividend

No regular dividend — earnings reinvested for growth.
What MercadoLibre does. MercadoLibre, Inc. operates online commerce platforms in Brazil, Mexico, Argentina, and internationally. The company operates Mercado Libre Marketplace, an online commerce platform that can be accessed through mobile app or website; and Mercado Pago, a financial technology solution platform, which offers comprehensive set of financial technology services to users and other users…
Data: RT fundamentals (MELI.US) · figures in USD · as of 23 Aug 2026More company intelligence →

This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error

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