About MercadoLibre
MercadoLibre is a company based in Buenos Aires (Argentina) founded in 1999 by Marcos Galperin.. The company has 84,210 employees as of December 31, 2024. MercadoLibre has completed 10 acquisitions, including Axado, Dabee and Deremate. MercadoLibre offers products and services including Online Marketplace Platform and Free Shipping Service. MercadoLibre operates in a competitive market with competitors including Amazon, Linio, Submarino, Empik and Americanas, among others.
- Headquarter Buenos Aires, Argentina
- Employees 84210 as on 31 Dec, 2024
- Founders Marcos Galperin
- Stage Public
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Sectors
Retail
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Mercadolibre, Inc.
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IPO & Listings of MercadoLibre
MercadoLibre is a publicly listed company on the NASDAQ with ticker symbol MELI in USA, operating in the Retail trade sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of MercadoLibre
MercadoLibre offers a comprehensive portfolio of products and services, including Online Marketplace Platform and Free Shipping Service. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for buying and selling products with free shipping in Latin America.
Feature offering no-cost delivery on selected items for users.
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Software Development Team
521 people
Data Analysis and Operations Team
47 people
Product Management Team
34 people
Leadership Team
30 people
Sales and Marketing
16 people
Senior Team
11 people
Head Team
11 people
Human Resources and Administration
10 people
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Funding Insights of MercadoLibre
- Total Funding Total Funding
- Total Rounds 2
- Last Round Post-IPO — $750.0M
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2019 | Amount | Post-IPO - MercadoLibre | Valuation |
investors |
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| Aug, 2007 | Amount | Post-IPO - MercadoLibre | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in MercadoLibre
MercadoLibre has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include PayPal and General Atlantic. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Private equity fund focused on global markets
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Founded Year | Domain | Location | |
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Online payment solutions are offered to consumers and businesses.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by MercadoLibre
MercadoLibre has strategically engaged in corporate development activities, having acquired 10 companies. Notable acquisitions include Axado, Dabee and Deremate. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Online shipping solutions are provided for businesses and e-stores.
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2018 | ||||
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Shipping API solutions for e-commerce carrier integration are offered.
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2011 | ||||
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Cross-border commerce platform
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2011 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - MercadoLibre
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Mercadolibre Comparisons
Competitors of MercadoLibre
MercadoLibre operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Amazon, Linio, Submarino, Empik and Americanas, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multi-category products are offered through an online marketplace.
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| domain | founded_year | HQ Location |
Multi-category products are offered via an online marketplace platform.
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| domain | founded_year | HQ Location |
Multi-category products are sold via an online retail platform.
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| domain | founded_year | HQ Location |
Multi-category products are sold via an online marketplace platform.
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| domain | founded_year | HQ Location |
Operates an online marketplace offering a wide range of products across multiple categories.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Mercadolibre
Frequently Asked Questions about MercadoLibre
When was MercadoLibre founded?
MercadoLibre was founded in 1999 and raised its 1st funding round 8 years after it was founded.
Where is MercadoLibre located?
MercadoLibre is headquartered in Buenos Aires, Argentina.
Who is the current CEO of MercadoLibre?
Marcos Galperin is the current CEO of MercadoLibre. They have also founded this company.
How many employees does MercadoLibre have?
As of Dec 31, 2024, the latest employee count at MercadoLibre is 84,210.
What is the annual revenue of MercadoLibre?
Annual revenue of MercadoLibre is $20.78B as on Dec 31, 2024.
What does MercadoLibre do?
MercadoLibre was established in 1999 in Buenos Aires, Argentina, as an e-commerce platform. Operations focus on facilitating transactions for a wide range of consumer goods, including electronics, fashion, home care items, health products, groceries, and industrial tools. The marketplace serves users across Latin America, with leadership provided by co-founder and CEO Marcos Galperin. Expansion has included services like payments and logistics to support regional trade.
Who are the top competitors of MercadoLibre?
What products or services does MercadoLibre offer?
MercadoLibre offers Online Marketplace Platform and Free Shipping Service.
Is MercadoLibre publicly traded?
Yes, MercadoLibre is publicly traded on NASDAQ under the ticker symbol MELI.
How many acquisitions has MercadoLibre made?
Who are MercadoLibre's investors?
MercadoLibre has 2 investors. Key investors include PayPal, and General Atlantic.
What is MercadoLibre's ticker symbol?
The ticker symbol of MercadoLibre is MELI on NASDAQ.
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