Mercado Libre Inc (MercadoLibre) is an operator of an online commerce platform. The company's service portfolio includes digital and mobile payment services, advertising services and online store solution services. It also provides services to its users for both offline and online commercial transactions. MercadoLibre offers its services through various platform solutions including Mercado Libre Marketplace, Mercado Envios logistics service, Mercado Libre Ads, Mercado Pago FinTech and Mercado Libre Classifieds and e Mercado Shops online storefronts. It provides a marketplace for computing, sports and fitness, clothes and accessories, cars and motorcycles, food and drink and other product categories. The company operates in Guatemala, Chile, Brazil, Salvador, Ecuador, Peru, Uruguay, Mexico and Honduras. MercadoLibre is headquartered in Montevideo, Uruguay.
Headquarters
Uruguay
Address
Dr. Luis Bonavita 1294 Of. 1733 Tower Ii, Montevideo, 11300
Website
www.mercadolibre.com.uy
Telephone
598 29 272770
No of Employees
40,548
Industry
Technology and Communications
Ticker Symbol & Exchange
MELI (NASD)
Revenue (2022)
$10.5B
49.1%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
478.6%
(2022 vs 2021)
Market Cap*
$70.9B
Net Profit Margin (2022)
XYZ
287.3%
(2022 vs 2021)
* As of and is in US$
Mercado Libre Inc premium industry data and analytics
Products and Services
| Services |
|---|
| Online Payment Services |
| Advertising Services |
| Online Stores Services |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Contracts/Agreements | In July, the company and Enel X Way joined hands to promote the wide spread of electromobility in Chile. |
| 2023 | New Products/Services | In March, the company enabled crypto trading in Chile via its digital wallet, Mercado Pago. |
| 2023 | Financing Agreements | In March, the company announced to invest US$3.60 billion in Brazil. |
Competitor Comparison
| Key Parameters | Mercado Libre Inc | Amazon.com Inc | Cencosud SA | Americanas SA | Companhia Brasileira de Distribuicao |
|---|---|---|---|---|---|
| Headquarters | Uruguay | United States of America | Chile | Brazil | Brazil |
| City | Montevideo | Seattle | Las Condes | Rio De Janeiro | Sao Paulo |
| State/Province | - | Washington | - | - | - |
| No. of Employees | 40,548 | 1,525,000 | 120,866 | 40,000 | 110,000 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Marcos Galperin | Chief Executive Officer; Chairman | Executive Board | 1999 | 51 |
| Martin de los Santos | Chief Financial Officer | Senior Management | 2023 | - |
| Daniel Rabinovich | Chief Operating Officer; Executive Vice President | Senior Management | 2020 | 45 |
| Marcelo Melamud | Chief Accounting Officer; Senior Vice President | Senior Management | 2008 | 52 |
| Osvaldo Gimenez | President - Fintech | Senior Management | 2020 | 53 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Still looking?
Have you found what you were looking for? From start-ups to market leaders, uncover what they do and how they do it.
Explorer
Access more premium companies when you subscribe to Explorer
Get in touch about GlobalData Company reports
Contact the team or request a demo to find out how our data can drive your business forward