Mercado Libre CFO on Q2 results

Financial Performance - Mercado Libre's Q2 revenue grew 34% year-over-year, exceeding expectations [2] - Q2 earnings were $1031%, falling short of the expected $1193% [1] Business Growth & User Engagement - The company's e-commerce platform and fintech ecosystem are expanding in Latin America [3] - Commerce user base grew by 25%, and fintech user base grew by 30% [3] - Credit book doubled year-over-year [3] - Gross Merchandise Volume (GMV) grew 30% in Mexico and Brazil [3] Strategic Investments - The company is investing for long-term growth, including opening two new fulfillment centers, bringing the total to over 30 in the region [4][5] - Investment in free shipping in Brazil by lowering the threshold to approximately $4 (from 79 to 20 reais) [5][6] Market Opportunity & Strategy - E-commerce penetration in Latin America is less than 15%, presenting a significant growth opportunity [9] - The company aims to bring more people online by investing in logistics and payment solutions [9][10] - Over 70% of packages are delivered within two days in Latin America [10]