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Interim Condensed Consolidated Statements of Income (USD $)
 3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Income Statement [Abstract]        
Net revenues $ 131,849,139 $ 112,183,360 $ 247,231,460 $ 214,909,107
Cost of net revenues (36,371,539) (31,077,211) (67,911,204) (59,726,378)
Gross profit 95,477,600 81,106,149 179,320,256 155,182,729
Operating expenses:        
Product and technology development (11,740,808) (9,760,220) (23,998,006) (19,142,610)
Sales and marketing (26,469,194) (20,823,546) (48,821,152) (43,161,483)
General and administrative (13,684,701) (15,073,088) (28,917,112) (28,858,158)
Impairment of Long-Lived Assets (49,495,686)   (49,495,686)  
Total operating expenses (101,390,389) (45,656,854) (151,231,956) (91,162,251)
Income (loss) from operations (5,912,789) 35,449,295 28,088,300 64,020,478
Other income (expenses):        
Interest income and other financial gains 3,572,917 2,202,314 6,608,546 5,596,320
Interest expense and other financial losses (778,155) (531,668) (1,805,335) (892,020)
Foreign currency gains (losses) (15,964,572) 3,600,866 (12,871,102) (2,648,848)
Other (losses) gains, net   1,393   (2,340)
Net income (loss) before income / asset tax expense (19,082,599) 40,722,200 20,020,409 66,073,590
Income / asset tax expense (6,505,879) (10,701,182) (15,280,934) (18,529,981)
Net income (loss) (25,588,478) 30,021,018 4,739,475 47,543,609
Less: Net Income attributable to Redeemable Noncontrolling Interest 5,552 42,377 69,532 84,715
Net income (loss) attributable to MercadoLibre, Inc. shareholders $ (25,594,030) $ 29,978,641 $ 4,669,943 $ 47,458,894
Basic EPS        
Basic net income (loss) attributable to MercadoLibre, Inc. Shareholders per common share $ (0.58) $ 0.67 $ 0.11 $ 1.07
Weighted average of outstanding common shares 44,153,892 44,152,933 44,153,658 44,152,132
Diluted EPS        
Diluted net income (loss) attributable to MercadoLibre, Inc. Shareholders per common share $ (0.58) $ 0.67 $ 0.11 $ 1.07
Weighted average of outstanding common shares 44,182,668 44,152,933 44,168,126 44,152,132