Short description
MercadoLibre hosts online e-commerce and auction platforms that provide users with buying and selling mechanisms for e-transactions.
Description
MercadoLibre, through its subsidiaries, hosts online commerce and payments platforms in Latin America. Its services are designed to provide its users with mechanisms to buy, sell, pay for, and collect on e-commerce transactions. The company principally offers MercadoLibre marketplace, an automated online commerce service, located at mercadolibre.com, which permits businesses and individuals to list items and conduct their sales and purchases online in a fixed-price or auction-based format. It also enables registered users in MercadoLibre marketplace to list and purchase motor vehicles, vessels, aircraft, real estate, and services through online classified listings; users and advertisers to place, display, and/or text advertisements on its Web pages to promote their brands and offerings; and Internet users to browse through various products and services that are listed on its Web site and register with MercadoLibre to list, bid for, and purchase items and services. The company also provides MercadoPago, an integrated online payments solution to facilitate transactions both on and off the MercadoLibre marketplace by providing a mechanism that allows its users to send and receive payments online. As of December 31, 2008, it operated online commerce platforms and online payment solutions directed towards Argentina, Brazil, Mexico, Venezuela, Chile, and Colombia, as well as operating online commerce platforms directed towards Costa Rica, the Dominican Republic, Ecuador, Panama, Peru, and Uruguay.
Last funding
Blurry Noaccess
Sign in for full access
Total funding
$$3123123
Sign in for full access
Location
Buenos Aires, Distrito Federal, Argentina, South America
Founded on
August 2, 1999
Exited on
August 17, 2007
Went public on
August 17, 2007
Stock symbol
MELI
Non-profit?
No
Acquired?
No
Employees count
5001+
Revenue range
$34056 - 789030
Sign in for full access
Investors
Blurry Noaccess, Noway Youcantaccess, Noaccessforu, Absolutely Noaccess, Cannot Access, Noaccessforu, Absolutely Noaccess, Blurry Noaccess, Noaccess, Noaccessforu
Sign in for full access
Founders
Hernan Kazah, Marcos Galperin
Funding rounds count
3
Portfolio organisations count
No Way, Nopepepe
Sign in for full access
Lead investments count
2