Company
MercadoLibre, Inc.
Headquarters: Buenos Aires, Argentina
Founded: August 2, 1999
Employees: 29,957
CEO: Mr. Marcos Eduardo GalperÃn
Market Cap
AR$7.491 Trillion
ARS as of Jan. 1, 2023
US$42.05 Billion
MercadoLibre, Inc. Categories
Argentina
languages
Consumer Discretionary
languages
Internet Retail
Argentina Consumer Discretionary
Argentina Internet Retail
Top Competitors by Market Capitalization
Amazon
Alibaba
LVMH
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.
Stocks & Indices
MercadoLibre, Inc. has the following listings and related stock indices.
Stock: BCBA: MELI
Stock: NASDAQ: MELI
Stock: BMV: MELIN
Stock: Bovespa: MELI34
Stock: FSX: MLB1
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