Initiative
Entrepreneurial ecosystem
About the initiative
The Entrepreneur Effect
The Impactos que importam (Impact that Matters) study, conducted in partnership with Euromonitor, assessed how our solutions ecosystem is creating value and driving inclusive development in Argentina, Brazil, Chile, Colombia, and Mexico.
The study, released in September 2021, was based on socioeconomic impact data collected in 2019 and 2020, and was an important input for evaluating our initiatives and decision-making.
By focusing on small and medium entrepreneurs, Mercado Libre was able to scale its contribution to job creation, economic growth, financial inclusion and digital transformation of SMEs in these countries. The research communicates this virtuous effect of our ecosystem at a time when many doors were closing.
Over 85% of SMEs that do business on Mercado Libre maintained or increased their number of employees, in spite of the pandemic.
Main results
500 thousand
Mercado Libre helps almost 500,000 small and medium-sized enterprises to do business.
65%
65% of SMEs that sell over our platform are family businesses that each create an average of 4 to 11 jobs.
40%
40% sell exclusively through e-commerce.
1 out of 4
1 out of 4 enterprises is led by women.
More information
There's a lot more
