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mercado libre MercadoLibre , Inc. Reports Third Quarter 2021 Financial Results Net Revenues of $ 1.9 billion , up 72.9 % year - over - year on an FX neutral basis $ 20.9 billion Total Payment Volume , up 59.0 % year - over - year on an FX neutral basis $ 7.3 billion Gross Merchandise Volume , up 29.7 % year - over - year on an FX neutral basis BUENOS AIRES , Argentina , November 4th , 2021 ( GLOBE NEWSWIRE ) MercadoLibre , Inc. ( Nasdaq : MELI ) ( http://www.mercadolibre.com ) , Latin America's leading e - commerce technology company , today reported financial results for the quarter ended September 30 , 2021 . Pedro Arnt , Chief Financial Officer of MercadoLibre , Inc. , commented , " As a result of what we believe to be these lasting contributions to financial inclusion and the democratization of commerce through an improved experience for our users , our volume growth rates continue to demonstrate a solid trajectory over the long term . We have once again reached new records in gross merchandise volume , payment volumes and credit portfolio size ; which demonstrates resilience and strength across all parts of our ecosystem . Moreover , we see our engagement and satisfaction improving sequentially for both commerce and fintech services , which is particularly encouraging given the user base expansion that we have driven over the last year . " Third Quarter 2021 Business Highlights • • • • • • Considering our entire ecosystem , Unique active users reached 78.7 million . Gross merchandise volume ( " GMV " ) grew to $ 7.3 billion , representing an increase of 23.9 % in USD and 29.7 % on an FX neutral basis . Successful items sold reached 259.8 million , increasing by 26.3 % year - over - year . Live listings offered on MercadoLibre's marketplace reached 335.1 million . Mobile gross merchandise volume reached 74.1 % of GMV . Mercado Envios shipped 247.8 million items during the quarter , representing a 32.1 % year - over - year increase . Total payment volume ( " TPV " ) through Mercado Pago almost topped $ 20.9 billion , a year - over - year increase of 43.9 % in USD and 59.0 % on an FX neutral basis . Total payment transactions increased 54.7 % year - over - year , totaling 865.7 million transactions for the quarter . Off - platform TPV grew 59.0 % year - over - year in USD and 78.8 % year - over - year on a FX neutral basis , reaching $ 13.4 billion , while payment transactions reached 697.4 million , a year - over - year increase of 67.3 % . We are offering a more robust breakdown of our total payments volume , including Acquiring TPV and Digital Account TPV . Acquiring TPV , which includes On - Platform , Online Payments , MPOS and QR payments , was $ 15.4 billion , growing 45.5 % on an FX neutral basis . Digital accounts TPV , which includes wallet payments , P2P transfers between Mercado Pago accounts and Cards transactions ( debit , prepaid and credit ) , was $ 5.5 billion , growing 101.1 % on an FX neutral basis . Our asset management product , Mercado Fondo , has now almost $ 919 million under management and approximately 20.7 million users across Latin America . Mercado Credito's portfolio is now over $ 1.1 billion , almost 4x its size compared to the third quarter of 2020 . 1