
Martin de los Santos
Chief Financial Officer of MercadoLibre, discussing the company's Q4 results, investments in e-commerce and fintech, and growth strategy for Latin America.
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Feb 25, 2026 • 10min
MercadoLibre Tumbles After Net Income Miss on Spending Boost
Martin de los Santos, CFO of MercadoLibre and finance leader for Latin America’s biggest tech company. He discusses Q4 results and why heavy spending pressured margins. He talks about scaling Mercado Pago and boosting financial inclusion. He outlines e-commerce growth drivers like free shipping in Brazil and credit offerings. He also addresses logistics, marketing spend, and regional risks.


