MercadoLibre, Latin America's leading e-commerce platform, announced its Q2 2024 financial results, reporting a 34% year-over-year increase in net revenue, reaching $6.8 billion, slightly exceeding the estimated $6.7 billion. However, net income saw a slight decrease of 1.5% year-over-year, landing at $523 million, falling short of the expected $596 million. While revenue growth remains strong, the dip in net income suggests potential margin pressures or increased operational costs for the company.