Mercado Libre’s Ad Revenue Projected to Hit $4 Billion by 2028

In the firm’s latest projection, Goldman Sachs forecasts Mercado Libre’s ad revenue to reach $4 billion by 2028. This figure quadruples the expected 2024 revenue of $1 billion, showcasing the company’s remarkable growth trajectory. Analysts Irma Sgarz and Felipe Rached attribute this surge to the expanding digital advertising market in Latin America. Founded in 1999, […]