Market Capitalization (Millions $) |
76,538 |
Shares
Outstanding (Millions) |
51 |
Employees |
15,344 |
Revenues (TTM) (Millions $) |
14,473 |
Net Income (TTM) (Millions $) |
987 |
Cash Flow (TTM) (Millions $) |
485 |
Capital Exp. (TTM) (Millions $) |
509 |
Mercadolibre Inc
MercadoLibre Inc. is a leading e-commerce and online marketplace company that operates in Latin America. Founded in 1999 in Argentina by Marcos Galperin, MercadoLibre has evolved into one of the largest e-commerce companies in the region, with operations in 18 countries. Today, MercadoLibre is the largest e-commerce company in Latin America and boasts a gross merchandise value of $18.8 billion in 2020.
The company's website, mercadolibre.com, connects buyers and sellers and allows them to transact securely online. The platform primarily operates in four major categories: e-commerce, online classifieds, payments and fintech, and logistics.
E-commerce: MercadoLibre's e-commerce platform enables buyers to browse and purchase products from a vast and diverse selection of sellers. The company has over 320 million registered users and over 10,000 brands and merchants operating on its platform. The selection of products available on the platform ranges from electronics, home appliances, beauty products, clothing, and many more.
Online Classifieds: MercadoLibre operates an online classifieds business that allows users to buy and sell goods such as cars, real estate, and services. The classifieds platform is complemented by a network of specialized sites that cater to specific verticals and market segments.
Payments and Fintech: MercadoLibre's payments and fintech segment is a digital payment platform that enables users to make online payments and transactions. The company's payment system, MercadoPago, provides a simple, easy, and secure way for users to pay for purchases made on MercadoLibre's platform. Additionally, the company's fintech offerings include loans, insurance, and other financial products.
Logistics: MercadoLibre simplifies the shipping process for its users by providing a logistics platform called MercadoEnvios. It helps sellers to easily ship their products to buyers by providing integrated solutions for packaging, tracking, and delivery.
MercadoLibre's business model allows for sustainable growth, making it the dominant market leader in the region. The company's financial performance has been remarkable, with consistent growth in revenue and income. As part of its expansion strategy, MercadoLibre has invested heavily in technology advancements, innovative solutions, and increased operational efficiency to enhance its market position. The company's competitive advantage is further strengthened by its collaborative relationships with local partners, superior customer experience, brand recognition, and deep market know-how.
Company Address: WTC Free Zone Montevideo 11300
Company Phone Number: 927-2770 Stock Exchange / Ticker: NASDAQ MELI
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