This report features our latest forecasts for proximity mobile payment users in Latin America, with breakouts for Argentina, Brazil and Mexico. It also examines emerging trends and key drivers fueling regional market movements.

We started fulfillment operations in Guadalajara [Mexico], Santiago [Chile], Bahia [Brazil], and Colombia—and launched a new warehouse in São Paulo [Brazil] and other distribution centers for cargo consolidation and deconsolidation throughout all of Mexico and Brazil. What is Mercado Envíos' commitment to sustainability in Latin America?

By comparison, TikTok had 16.3 million unique visitors in Mexico in July 2020, up nearly 570% year over year (YoY), while Argentina was up 1,101.4% YoY to 8.3 million.

Again, Mexico is the smallest market for Mercado Libre in terms of total retail ecommerce sales, but it actually beats Argentina when it comes to mcommerce. In 2020, Mercado Libre’s retail mcommerce sales in Mexico will total $3.31 billion, up 81.0% over 2019. In 2021, Mexico will once again be the fastest-growing country for Mercado Libre’s mcommerce business, increasing by 42.0%.

For reference, Mexico will come in 17th with an equally noteworthy 27.0% growth.

Some notable ones include deals with Telecom Argentina, with Vivo and Globoplay in Brazil, and with Izzi and Telmex in Mexico. Disney+ has also teamed up with ecommerce giant Mercado Libre to offer consumers a free subscription period based on their level of Mercado Puntos, or Market Points in English.