Company

MercadoLibre, Inc.

Headquarters: Buenos Aires, Argentina

Founded: August 2, 1999

Employees: 29,957

CEO: Mr. Marcos Eduardo Galperín

BCBA: MELI +2.37%

Market Cap

AR$79.705 Trillion

ARS as of July 1, 2024

US$87.26 Billion

Market Cap History

MercadoLibre, Inc. market capitalization over time

Evolution of MercadoLibre, Inc. market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

Market Cap History of MercadoLibre, Inc.

Detailed Description

MercadoLibre, Inc. operates online commerce platforms in Latin America. It operates Mercado Libre Marketplace, an automated online commerce platform that enables businesses, merchants, and individuals to list merchandise and conduct sales and purchases online; and Mercado Pago FinTech, a financial technology solution platform, which facilitates transactions on and off its marketplaces by providing a mechanism that allows its users to send and receive payments online, as well as allows users to transfer money through their websites or on the apps. The company also offers Mercado Fondo that allows users to invest funds deposited in their Mercado Pago accounts; Mercado Credito, which extends loans to certain merchants and consumers; and Mercado Envios logistics solution that enables sellers on its platform to utilize third-party carriers and other logistics service providers, as well as fulfillment and warehousing services for sellers. In addition, it provides Mercado Libre Classifieds, an online classified listing service, where users can list and purchase motor vehicles, real estate, and services; Mercado Libre Ads, an advertising platform, which enables large retailers and brands to promote their products and services on the Internet; and Mercado Shops, an online storefronts solution that enables users to set-up, manage, and promote their own digital stores. MercadoLibre, Inc. was incorporated in 1999 and is headquartered in Montevideo, Uruguay.

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Stocks & Indices

MercadoLibre, Inc. has the following listings and related stock indices.


Stock: BCBA: MELI wb_incandescent

Stock: NASDAQ: MELI wb_incandescent

Stock: BMV: MELIN wb_incandescent

Stock: Bovespa: MELI34 wb_incandescent

Stock: FSX: MLB1 wb_incandescent

Product & Services

Mercado Libre, Mercado Pago, Mercado Crédito, Mercado Ads, Mercado Envíos, Online marketplace and E-commerce payment system

Key People

Founder(s): Marcos Galperin

Marcos Galperin (chairman, president, and chief executive officer) Pedro Arnt (executive vice president and chief financial officer) Stelleo Tolda (vice president and chief operating officer) Osvaldo Giménez (vice president, payments) Daniel Rabinovich (senior vice president and chief technology officer) Marcelo Melamud (vice president and chief accounting officer)

Financials

Revenue: US$3.973 billion (2020): 31

Net income: US$-0.7 million (2020): 31

Details

Headquarters:

Arias 3751

7th Floor

Buenos Aires, C1430CRG

Argentina

Phone: 54 11 4640 8000