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Segments (Tables)

12 Months Ended

Dec. 31, 2022

Segment Reporting [Abstract]

Summary of Financial Performance of Company's Reporting Segments

The following tables summarize the financial performance of the Company’s reporting segments:

			Year Ended December 31, 2022
			Brazil						Argentina						Mexico						Other Countries						Total
			(In millions)
Net revenues			$	5,666					$	2,500					$	1,864					$	507					$	10,537
Direct costs			(4,717)						(1,488)						(1,579)						(481)						(8,265)
Direct contribution			949						1,012						285						26						2,272
Operating expenses and indirect costs of net revenues																											(1,238)
Income from operations																											1,034
Other income (expenses):
Interest income and other financial gains																											265
Interest expense and other financial losses																											(321)
Foreign currency losses, net																											(198)
Net income before income tax expense																											$	780

			Year Ended December 31, 2021
			Brazil						Argentina						Mexico						Other Countries						Total
			(In millions)
Net revenues			$	3,910					$	1,531					$	1,172					$	456					$	7,069
Direct costs			(3,233)						(998)						(1,139)						(380)						(5,750)
Direct contribution			677						533						33						76						1,319
Operating expenses and indirect costs of net revenues																											(878)
Income from operations																											441
Other income (expenses):
Interest income and other financial gains																											138
Interest expense and other financial losses																											(229)
Foreign currency losses, net																											(109)
Net income before income tax expense																											$	241

			Year Ended December 31, 2020
			Brazil						Argentina						Mexico						Other Countries						Total
			(In millions)
Net revenues			$	2,194					$	980					$	575					$	225					$	3,974
Direct costs			(1,766)						(709)						(586)						(186)						(3,247)
Direct contribution			428						271						(11)						39						727
Operating expenses and indirect costs of net revenues																											(599)
Income from operations																											128
Other income (expenses):
Interest income and other financial gains																											103
Interest expense and other financial losses																											(107)
Foreign currency losses, net																											(43)
Net income before income tax expense																											$	81

Consolidated Net Revenues By Similar Products and Services

The following tables summarize net revenues per reporting segment, which have been disaggregated by similar products and services for the years ended December 31, 2022, 2021 and 2020:

			Year Ended December 31, 2022
			Brazil						Argentina						Mexico						Other Countries						Total
			(In millions)
Commerce services (a)			$	2,585					$	814					$	1,036					$	329					$	4,764
Commerce products sales (b)			487						271						246						40						1,044
Total commerce revenues			$	3,072					$	1,085					$	1,282					$	369					$	5,808
Fintech services (c)			1,464						904						152						125						2,645
Credit revenues (d)			1,102						506						421						4						2,033
Fintech products sales (e)			28						5						9						9						51
Total fintech revenues			$	2,594					$	1,415					$	582					$	138					$	4,729
Total net revenues			$	5,666					$	2,500					$	1,864					$	507					$	10,537

			Year Ended December 31, 2021
			Brazil						Argentina						Mexico						Other Countries						Total
			(In millions)
Commerce services (a)			$	2,076					$	614					$	756					$	304					$	3,750
Commerce products sales (b)			405						242						168						70						885
Total commerce revenues			$	2,481					$	856					$	924					$	374					$	4,635
Fintech services (c)			938						490						80						82						1,590
Credit revenues (d)			468						178						163						—						809
Fintech products sales (e)			23						7						5						—						35
Total fintech revenues			$	1,429					$	675					$	248					$	82					$	2,434
Total net revenues			$	3,910					$	1,531					$	1,172					$	456					$	7,069

			Year Ended December 31, 2020
			Brazil						Argentina						Mexico						Other Countries						Total
			(In millions)
Commerce services (a)			$	1,257					$	461					$	428					$	159					$	2,305
Commerce products sales (b)			100						100						43						12						255
Total commerce revenues			$	1,357					$	561					$	471					$	171					$	2,560
Fintech services (c)			671						350						64						54						1,139
Credit revenues (d)			143						64						39						—						246
Fintech products sales (e)			23						5						1						—						29
Total fintech revenues			$	837					$	419					$	104					$	54					$	1,414
Total net revenues			$	2,194					$	980					$	575					$	225					$	3,974

(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 inventory 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 interest earned on Mercado Pago credit card transactions.
(e)			Includes sales of mobile point of sales devices.

Allocation of Property and Equipment Based on Geography

The following table summarizes the allocation of the property and equipment based on geography:

			December 31,
			2022						2021
			(In millions)
US property and equipment, net			$	1					$	1
Other countries
Argentina			188						174
Brazil			514						395
Mexico			206						176
Other countries			84						61
			$	992					$	806
Total property and equipment, net			$	993					$	807

Allocation of Goodwill and Intangible Assets Based on Geography

The following table summarizes the allocation of the goodwill and intangible assets based on geography:

			December 31,
			2022						2021
			(In millions)
US intangible assets, net			$	9					$	21
Goodwill and intangible assets, net
Argentina			14						16
Brazil			63						60
Mexico			40						41
Other countries			52						55
			$	169					$	172
Total goodwill and intangible assets, net			$	178					$	193

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