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Interim Condensed Consolidated Statements of Income - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Income Statement [Abstract]        
Net revenues $ 154,314 $ 131,849 $ 302,417 $ 247,231
Cost of net revenues (50,311) (36,372) (95,019) (67,911)
Gross profit 104,003 95,477 207,398 179,320
Operating expenses:        
Product and technology development (19,639) (11,741) (36,885) (23,998)
Sales and marketing (29,115) (26,469) (55,317) (48,821)
General and administrative (20,612) (13,684) (38,746) (28,917)
Impairment of Long-Lived Assets   (49,496) (16,226) (49,496)
Total operating expenses (69,366) (101,390) (147,174) (151,232)
Income (loss) from operations 34,637 (5,913) 60,224 28,088
Other income (expenses):        
Interest income and other financial gains 4,683 3,573 8,991 6,609
Interest expense and other financial losses (5,201) (778) (10,151) (1,805)
Foreign currency (losses) gains (648) (15,965) (9,217) (12,871)
Net income (loss) before income / asset tax expense 33,471 (19,083) 49,847 20,021
Income / asset tax expense (14,008) (6,506) (28,663) (15,281)
Net income (loss) 19,463 (25,589) 21,184 4,740
Less: Net Income attributable to Redeemable Noncontrolling Interest   6   70
Net income (loss) attributable to MercadoLibre, Inc. shareholders $ 19,463 $ (25,595) $ 21,184 $ 4,670
Basic EPS        
Basic net income (loss) attributable to MercadoLibre, Inc. Shareholders per common share $ 0.44 $ (0.58) $ 0.48 $ 0.11
Weighted average of outstanding common shares 44,155,271 44,153,892 44,155,035 44,153,658
Diluted EPS        
Diluted net income (loss) attributable to MercadoLibre, Inc. Shareholders per common share $ 0.44 $ (0.58) $ 0.48 $ 0.11
Weighted average of outstanding common shares 44,155,271 44,182,668 44,155,035 44,168,126
Cash Dividends declared $ 0.103 $ 0.166 $ 0.206 $ 0.332