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Segment Reporting (Tables) | 6 Months Ended
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Jun. 30, 2022
Segment Reporting [Abstract] |
Financial Performance Of Company's Reporting Segments |
|  | Six Months Ended June 30, 2022
|  | Brazil |  | Argentina |  | Mexico |  | Other Countries |  | Total
|  | (In millions)
Net revenues |  | $ 2,703 |  | $ 1,112 |  | $ 792 |  | $ 238 |  | $ 4,845
Direct costs |  | (2,263) |  | (692) |  | (691) |  | (227) |  | (3,873)
Direct contribution |  | 440 |  | 420 |  | 101 |  | 11 |  | 972
Operating expenses and indirect costs of net revenues |  |  |  |  |  |  |  |  |  | (583)
Income from operations |  |  |  |  |  |  |  |  |  | 389
Other income (expenses): |  |  |  |  |  |  |  |  |  |
Interest income and other financial gains |  |  |  |  |  |  |  |  |  | 77
Interest expense and other financial losses |  |  |  |  |  |  |  |  |  | (129)
Foreign currency losses, net |  |  |  |  |  |  |  |  |  | (63)
Net income before income tax expense |  |  |  |  |  |  |  |  |  | $ 274
‎
|  | Six Months Ended June 30, 2021
|  | Brazil |  | Argentina |  | Mexico |  | Other Countries |  | Total
|  | (In millions)
Net revenues |  | $ 1,720 |  | $ 663 |  | $ 489 |  | $ 209 |  | $ 3,081
Direct costs |  | (1,339) |  | (421) |  | (482) |  | (156) |  | (2,398)
Direct contribution |  | 381 |  | 242 |  | 7 |  | 53 |  | 683
Operating expenses and indirect costs of net revenues |  |  |  |  |  |  |  |  |  | (426)
Income from operations |  |  |  |  |  |  |  |  |  | 257
Other income (expenses): |  |  |  |  |  |  |  |  |  |
Interest income and other financial gains |  |  |  |  |  |  |  |  |  | 49
Interest expense and other financial losses |  |  |  |  |  |  |  |  |  | (131)
Foreign currency losses, net |  |  |  |  |  |  |  |  |  | (27)
Net income before income tax expense |  |  |  |  |  |  |  |  |  | $ 148
|  |  | Three Months Ended June 30, 2022
|  |  | Brazil |  | Argentina |  | Mexico |  | Other Countries |  | Total
|  |  | (In millions)
Net revenues |  | $ 1,451 |  | $ 594 |  | $ 428 |  | $ 124 |  | $ 2,597
Direct costs |  | (1,198) |  | (372) |  | (363) |  | (117) |  | (2,050)
Direct contribution |  | 253 |  | 222 |  | 65 |  | 7 |  | 547
Operating expenses and indirect costs of net revenues |  |  |  |  |  |  |  |  |  | (297)
Income from operations |  |  |  |  |  |  |  |  |  | 250
Other income (expenses): |  |  |  |  |  |  |  |  |  |
| Interest income and other financial gains |  |  |  |  |  |  |  |  |  | 46
| Interest expense and other financial losses |  |  |  |  |  |  |  |  |  | (73)
| Foreign currency losses, net |  |  |  |  |  |  |  |  |  | (60)
Net income before income tax expense |  |  |  |  |  |  |  |  |  | $ 163
|  |  | Three Months Ended June 30, 2021
|  |  | Brazil |  | Argentina |  | Mexico |  | Other Countries |  | Total
|  |  | (In millions)
Net revenues |  | $ 951 |  | $ 366 |  | $ 259 |  | $ 127 |  | $ 1,703
Direct costs |  | (721) |  | (232) |  | (261) |  | (92) |  | (1,306)
Direct contribution |  | 230 |  | 134 |  | (2) |  | 35 |  | 397
Operating expenses and indirect costs of net revenues |  |  |  |  |  |  |  |  |  | (231)
Income from operations |  |  |  |  |  |  |  |  |  | 166
Other income (expenses): |  |  |  |  |  |  |  |  |  |
| Interest income and other financial gains |  |  |  |  |  |  |  |  |  | 24
| Interest expense and other financial losses |  |  |  |  |  |  |  |  |  | (40)
| Foreign currency losses, net |  |  |  |  |  |  |  |  |  | (12)
Net income before income tax expense |  |  |  |  |  |  |  |  |  | $ 138
‎
Consolidated Net Revenues By Similar Products And Services |
| Six Months Ended June 30,
| Brazil | Argentina | Mexico | Other Countries | Total
| 2022 | 2021 | 2022 | 2021 | 2022 | 2021 | 2022 | 2021 | 2022 | 2021
|  | (In millions)
Commerce services (a) | $ | 1,208 | $ | 978 | $ | 381 | $ | 266 | $ | 445 | $ | 332 | $ | 158 | $ | 146 | $ | 2,192 | $ | 1,722
Commerce products sales (b) |  | 233 |  | 137 |  | 129 |  | 111 |  | 107 |  | 60 |  | 21 |  | 23 |  | 490 |  | 331
Total commerce revenues | $ | 1,441 | $ | 1,115 | $ | 510 | $ | 377 | $ | 552 | $ | 392 | $ | 179 | $ | 169 | $ | 2,682 | $ | 2,053
Fintech services (c) | $ | 702 | $ | 416 | $ | 391 | $ | 223 | $ | 59 | $ | 39 | $ | 54 | $ | 40 | $ | 1,206 | $ | 718
Credit revenues (d) |  | 546 |  | 179 |  | 208 |  | 59 |  | 176 |  | 57 |  | 1 |  | — |  | 931 |  | 295
Fintech products sales (e) |  | 14 |  | 10 |  | 3 |  | 4 |  | 5 |  | 1 |  | 4 |  | — |  | 26 |  | 15
Total fintech revenues | $ | 1,262 | $ | 605 | $ | 602 | $ | 286 | $ | 240 | $ | 97 | $ | 59 | $ | 40 | $ | 2,163 | $ | 1,028
Total net revenues | $ | 2,703 | $ | 1,720 | $ | 1,112 | $ | 663 | $ | 792 | $ | 489 | $ | 238 | $ | 209 | $ | 4,845 | $ | 3,081
| Three Months Ended June 30,
| Brazil | Argentina | Mexico | Other Countries | Total
| 2022 | 2021 | 2022 | 2021 | 2022 | 2021 | 2022 | 2021 | 2022 | 2021
|  | (In millions)
Commerce services (a) | $ | 641 | $ | 545 | $ | 200 | $ | 148 | $ | 232 | $ | 171 | $ | 82 | $ | 89 | $ | 1,155 | $ | 953
Commerce products sales (b) |  | 111 |  | 79 |  | 70 |  | 62 |  | 58 |  | 33 |  | 10 |  | 15 |  | 249 |  | 189
Total commerce revenues | $ | 752 | $ | 624 | $ | 270 | $ | 210 | $ | 290 | $ | 204 | $ | 92 | $ | 104 | $ | 1,404 | $ | 1,142
Fintech services (c) | $ | 384 | $ | 224 | $ | 202 | $ | 121 | $ | 34 | $ | 21 | $ | 28 | $ | 23 | $ | 648 | $ | 389
Credit revenues (d) |  | 307 |  | 97 |  | 120 |  | 33 |  | 101 |  | 33 |  | 1 |  | — |  | 529 |  | 163
Fintech products sales (e) |  | 8 |  | 6 |  | 2 |  | 2 |  | 3 |  | 1 |  | 3 |  | — |  | 16 |  | 9
Total fintech revenues | $ | 699 | $ | 327 | $ | 324 | $ | 156 | $ | 138 | $ | 55 | $ | 32 | $ | 23 | $ | 1,193 | $ | 561
Total net revenues | $ | 1,451 | $ | 951 | $ | 594 | $ | 366 | $ | 428 | $ | 259 | $ | 124 | $ | 127 | $ | 2,597 | $ | 1,703
(a) | Includes final value fees paid by sellers derived from intermediation services and related shipping fees, classified fees derived from classified advertising services and ad sales.
(b) | Includes revenues from inventories sales and related shipping fees.
(c) | Includes revenues from commissions the Company charges for transactions off-platform derived from use of the Company's payment solution, revenues as a result of offering installments for the payment to its Mercado Pago users, either when the Company finances the transactions directly or when the Company sells the corresponding financial assets, Mercado Pago credit and debit card fees and insurtech fees.
(d) | Includes interest earned on loans and advances granted to merchants and consumers, and credit card transactions.
(e) | Includes sales of mobile point of sales devices.
Allocation Of Property And Equipment Based On Geography |
|  | June 30, |  | December 31,
|  | 2022 |  | 2021
|  | (In millions)
US property and equipment, net |  | $ 1 |  | $ 1
Other countries |  |  |  |
Argentina |  | 183 |  | 174
Brazil |  | 486 |  | 395
Mexico |  | 188 |  | 176
Other countries |  | 74 |  | 61
|  | $ 931 |  | $ 806
Total property and equipment, net |  | $ 932 |  | $ 807
Allocation Of Goodwill And Intangible Assets Based On Geography |
|  | June 30, |  | December 31,
|  | 2022 |  | 2021
|  | (In millions)
US intangible assets |  | $ 10 |  | $ 21
Other countries goodwill and intangible assets |  |  |  |
Argentina |  | 15 |  | 16
Brazil |  | 63 |  | 60
Mexico |  | 42 |  | 41
Chile |  | 40 |  | 45
Other countries |  | 10 |  | 10
|  | $ 170 |  | $ 172
Total goodwill and intangible assets |  | $ 180 |  | $ 193

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