MercadoLibre's Fulfillment Network Handles 55% of Shipments, Widening Competitive Moat

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Summary · why it matters

MercadoLibre's managed fulfillment network handled 55% of total shipments in the first quarter of 2026, as the company deepens its logistics infrastructure to strengthen its competitive position in Latin America. The network has expanded to more than 50 facilities, with same- and next-day shipments climbing 39% year over year to 199 million, while overall managed network penetration reached 95.5%. Management highlighted a 17% year-over-year reduction in shipping costs in Brazil in local currency, driven by better facility utilization, route optimization, and greater use of its slow-shipping network. The company views fulfillment as a structural advantage that strengthens buyer retention and expands e-commerce adoption across the region.

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Fulfillment network handles 55% of shipments, expanding facilities and reducing costs, strengthening competitive moat.

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