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Mercado Libre Inc (MercadoLibre) is an online commerce and fintech company. It operates a commerce platform and a fintech platform, providing services such as online buying and selling, payment processing and financial services. MercadoLibre offers its services through various platform solutions, including Mercado Libre Marketplace, Mercado Pago fintech platform, Mercado Envios logistics service, and Mercado Ads advertising solution. It cater to consumers and merchants, facilitating transactions across various industries. The company has operations in Guatemala, Chile, Brazil, Salvador, Ecuador, Peru, Uruguay, Mexico and Honduras. MercadoLibre is headquartered in Montevideo, Uruguay.
Headquarters
Uruguay
Address
Wtc Free Zone Dr. Luis Bonavita 1294, Montevideo, 11300
Website
www.mercadolibre.com.uy
Telephone
598 29 272770
No of Employees
123,670
Industry
Technology and Communications
Ticker Symbol & Exchange
MELI (NASD)
Revenue (2024)
$28.9B
39.1%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
4.5%
(2024 vs 2023)
Market Cap*
$91.7B
Net Profit Margin (2024)
XYZ
-24.9%
(2024 vs 2023)
* As of and is in US$
Mercado Libre Inc premium industry data and analytics
Products and Services
| Services |
|---|
| Online Buying and Selling |
| Payment Processing |
| E-Commerce |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Plans/Strategy | In September, Mercado Pago announced its plans to acquire Nikos DTVM. |
| 2025 | Plans/Strategy | In March, the company announced its plans to invest US$3.4 billion in Mexico for 2025. |
| 2024 | New Products/Services | In October, Mercado Pago introduced a digital wallet in Colombia. |
Competitor Comparison
| Key Parameters | Mercado Libre Inc | Amazon.com Inc | Cencosud SA | Companhia Brasileira de Distribuicao | Americanas SA |
|---|---|---|---|---|---|
| Headquarters | Uruguay | United States of America | Chile | Brazil | Brazil |
| City | Montevideo | Seattle | Las Condes | Sao Paulo | Rio De Janeiro |
| State/Province | - | Washington | - | - | - |
| No. of Employees | 123,670 | 1,576,000 | 121,524 | 39,320 | 30,000 |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Marcos Galperin | Chairman | Executive Board | 1999 | 57 |
| Ariel Szarfsztejn | Chief Executive Officer | Senior Management | 2026 | 44 |
| Martin de los Santos | Executive Vice President; Chief Financial Officer | Senior Management | 2024 | 55 |
| Daniel Rabinovich | Chief Operating Officer; Executive Vice President | Senior Management | 2020 | 47 |
| Marcelo Melamud | Senior Vice President; Chief Accounting Officer | Senior Management | 2008 | 55 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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