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Segment Reporting (Tables)

6 Months Ended

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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