IBOV 171,031.73 ▲ 1.85% IPSA 11,338.38 ▲ 0.89% IPC MEX 65,729.18 ▲ 2.14% MERVAL 2,913,184 ▲ 1.30% COLCAP 2,459.23 ▲ 0.61% BVL PERÚ 58,698.13 ▲ 2.60% USD/BRL5.14▼ 0.14% USD/MXN16.95▲ 0.30% USD/CLP914.28— 0.00% USD/COP3,038▼ 1.18% USD/PEN3.35▼ 0.06% USD/ARS1,499▲ 0.12% USD/UYU40.20▲ 1.58% USD/PYG5,996▲ 1.55% USD/BOB11.43▲ 0.41% USD/DOP58.82▲ 0.20% USD/CRC450.05▲ 3.34% USD/GTQ7.62▲ 2.21% USD/HNL26.81▲ 0.31% USD/NIO36.62— 0.00% USD/VES778.00▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.71▲ 0.79% EUR/BRL6.00▼ 0.64% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 171,031.73 ▲ 1.85% IPSA 11,338.38 ▲ 0.89% IPC MEX 65,729.18 ▲ 2.14% MERVAL 2,913,184 ▲ 1.30% COLCAP 2,459.23 ▲ 0.61% BVL PERÚ 58,698.13 ▲ 2.60% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
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Brazil Business - Brazil

Brazil: Mercado Libre, Americanas and Magalu required to prove “fastest delivery” claims

By · December 4, 2021 · 2 min read

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RIO DE JANEIRO, BRAZIL – A Tuesday decision by the Council for the Self-Regulation of Advertising (CONAR) will compel three major online retailers, Magazine Luiza, Mercado Libre and Americanas to adjust their advertising claims that they have the fastest delivery in Brazil.

The process began in June, when CONAR analyzed a complaint from Mercado Libre regarding Americanas’ Black Friday 2020 ad on social networks in which the company claimed to have the fastest delivery.

CONAR decided that the claim will need to be backed up by research and methodology indicating that the delivery is the fastest. (photo internet reproduction)
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According to Mercado Libre, the claim lacked “reliable support,” which could mislead customers.

Along with the complaint, Mercado Libre attached a survey showing that it had the fastest delivery in Brazil. In its defense, Americanas claimed that it is the only company that commits to deliver products in less than 3 hours, which would be “an objective and indisputable fact.”

The body’s counselors agreed that Americanas offered the fastest delivery in certain Brazilian locations at the time, and that was all the company could claim.

Both Mercado Libre and Magazine Luiza, which also claimed to have the fastest delivery in Brazil, appealed the decision. In a hearing last Tuesday, the appeals were rejected.

In a statement, Magazine Luiza said it was authorized by CONAR to state that it has the fastest delivery in Brazil provided it indicates the methodology of the research supporting the claim, as, it points out, is the company’s practice.

“Magalu works with robust research that confirms our efficiency and agility in deliveries. The use of the expression “Fastest Delivery in Brazil” by Magalu, as recognized by CONAR, is supported by independent research, updated periodically. This research considers the delivery times of 8 companies in the sector, in 45 cities – among capitals and cities in the interior – and more than 3,500 products from 48 different categories,” the note reads.

Also in a statement, Americanas emphasized that CONAR’s decision related to last year’s Black Friday campaign and that the agency “recognized that Americanas offered the fastest delivery in eligible products and locations.”

Mercado Libre reported that CONAR decided that it would be possible for the company to claim to have the “fastest shipping in Brazil,” provided that it disclosed the methodology with “clarity and veracity.”

“This means mentioning the criteria of the independent study conducted by an external consultancy, at Mercado Libre’s request, in August and September 2021,” it said.

Live Company IntelligenceMercadoLibre Inc. — the full investor dossierInside: live share price, market cap, three-year financials, valuation, ESG and peer benchmarks — plus the latest Rio Times coverage.
M
◆ Live Company Intelligence
MercadoLibre
NASDAQ: MELIMERCADOLIBREConsumer CyclicalInternet Retail123,670 employees
$97.48B
Market cap
Analyst target $2,256.54

Wall Street view

4.4Buy/ 5
21 Buy3 Hold1 Sell
Avg. price target $2,256.54  ·  +21% vs 200-day

Valuation & profitability

Market cap$97.48B
Revenue (TTM)$35.18B
P / E ratio52.4
Profit margin5.3%
Return on equity27.5%

Price & risk

52-wk low
$1,495.00
52-wk high
$2,548.50
Beta (volatility)1.31
200-day average$1,868.22

Revenue trend · 6y

20202025
Latest $28.89B

Ownership

Institutions80.5%
Shares outstanding51M
Top holderCapital Research Global Investors
Institutional holders5+ funds

Dividend

No regular dividend — earnings reinvested for growth.
What MercadoLibre does. 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…
Data: RT fundamentals (MELI.US) · figures in USD · as of 23 Aug 2026More company intelligence →

This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error

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