Mexico E-Commerce Market Report, Segments, Share, Trends & Forecast 2033

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According to the UnivDatos, rising internet and smartphone penetration, combined with improved logistics, would drive the Mexico E-Commerce market. As per their “Mexico E-Commerce Market” report, the market was valued at USD 39,312.7 Million in 2024, growing at a CAGR of about 21.2% during the forecast period from 2025 – 2033.

Mexico’s e-commerce sector is one of the biggest in Latin America, with a market of about USD 39.3 billion expected in 2024. More people are using the internet and smartphones, the middle class is growing, and better logistics are pulling the growth. More and more, buyers are turning to e-commerce because it is simple, has a wide range of options, and is affordable. Expanding growth in the market is linked to the launch of mobile wallets and Buy Now, Pay Later services, reaching even lower-middle-income and unbanked consumers.

 

1.      Mercado Libre

Founded Year

1999

Headquarter

Uruguay

Number of Employees

84,207

Revenue 2024 ($ Million)

20,777.00

 

MercadoLibre, Inc. operates online commerce platforms in Brazil, Mexico, Argentina, and internationally. The company operates Mercado Libre Marketplace, an online commerce platform that can be accessed through mobile app or website; and Mercado Pago, a financial technology solution platform, which offers comprehensive set of financial technology services to users and other users of its e-commerce platform. It also provides Mercado Fondo that allows users to invest funds deposited in their Mercado Pago accounts; Mercado Credito, which grants loans and obtains better funding alternatives; and Mercado Envios that facilitates the shipping of goods from the Company and sellers to buyers. In addition, the company provides Mercado Libre Classifieds, where users can list vehicles, properties, and services; Mercado Ads, an advertising platform, which enables retailers and brands to promote their products and services on the platform; and Mercado Shops which allows users to set-up, manage, and promote their own online webstores under a subscription-based business model. MercadoLibre, Inc. was incorporated in 1999 and is headquartered in Montevideo, Uruguay.

 

2.      Amazon

Founded Year

1994

Headquarter

United States

Number of Employees

15,56,000

Revenue 2024 ($ Million)

6,37,959.00

 

Amazon.com, Inc. engages in the retail sale of consumer products, advertising, and subscriptions service through online and physical stores in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS). It also manufactures and sells electronic devices, including Kindle, fire tablets, fire TVs, echo, ring, blink, and eero; and develops and produces media content. In addition, the company offers programs that enable sellers to sell their products in its stores; and programs that allow authors, independent publishers, musicians, filmmakers, Twitch streamers, skill and app developers, and others to publish and sell content. Further, it provides compute, storage, database, analytics, machine learning, and other services, as well as advertising services through programs, such as sponsored ads, display, and video advertising. Additionally, the company offers Amazon Prime, a membership program. The company’s products offered through its stores include merchandise and content purchased for resale and products offered by third-party sellers. It serves consumers, sellers, developers, enterprises, content creators, advertisers, and employees. Amazon.com, Inc. was incorporated in 1994 and is headquartered in Seattle, Washington.

 

3.      Walmart

Founded Year

1945

Headquarter

United States

Number of Employees

21,00,000

Revenue 2023 ($ Million)

6,48,125.00

 

Walmart Inc. engages in the operation of retail and wholesale stores and clubs, eCommerce websites, and mobile applications worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam's Club. It operates supercenters, supermarkets, warehouse clubs, cash and carry stores, and discount stores under Walmart and Walmart Neighborhood Market brands; membership-only warehouse clubs; and ecommerce websites, such as walmart.com.mx, walmart.ca, flipkart.com, PhonePe and other sites. The company also offers grocery items, including dry grocery, snacks, dairy, meat, produce, deli and bakery, frozen foods, alcoholic and nonalcoholic beverages, as well as consumables, such as health and beauty aids, pet supplies, household chemicals, paper goods, and baby products; and fuel and other categories. In addition, it is involved in the provision of health and wellness products covering pharmacy, optical and hearing services, over-the-counter drugs, and protein and nutrition products; and home, hardlines, and seasonal items, including home improvement, outdoor living, gardening, furniture, apparel, jewelry, tools and power equipment, housewares, toys, and mattresses. Further, the company offers consumer electronics and accessories, software, video games, office supplies, appliances, and third-party gift cards. Additionally, it operates digital payment platforms; offers financial services and related products, including money transfers, bill payments, money orders, check cashing, prepaid access, co-branded credit cards, installment lending, and earned wage access; and markets lines of merchandise under private and licensed brands. The company was formerly known as Wal-Mart Stores, Inc. and changed its name to Walmart Inc. in February 2018. Walmart Inc. was founded in 1945 and is based in Bentonville, Arkansas.

 

Access sample report (including graphs, charts, and figures):  https://univdatos.com/reports/mexico-e-commerce-market?popup=report-enquiry

 

4.      Liverpool

Founded Year

1847

Headquarter

Mexico

Number of Employees

82,353

Revenue 2024 ($ Million)

10,296.53

 

El Puerto de Liverpool, S.A.B. de C.V., together with its subsidiaries, operates a chain of department stores primarily in Mexico. The company operates through Liverpool Commercial, Suburbia Commercial, Real Estate, and Credit segments. Its stores offer various products, such as clothes and accessories for men, women, and children; household goods; furniture; cosmetics; and other consumer products. The company is involved in the operation of liverpool.com.mx and suburbia.com.mx websites. In addition, it owns and leases shopping malls under the Galerías name; and provides credit cards under the Liverpool and Liverpool Premium Card name, as well as Suburbia and Suburbia VISA credit cards. Further, it operates boutiques under the Banana Republic, GAP, Pottery Barn, West Elm, and Williams-Sonoma names. The company was founded in 1847 and is headquartered in Mexico City, Mexico.

 

5.      The Home Depot

Founded Year

1978

Headquarter

United States

Number of Employees

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