MELID Chart
MERCADOLIBRE INC Profile
| Internet Retail Industry | Consumer Cyclical Sector | Mr. Marcos Eduardo Galperín CEO | BCBA Exchange | US58733R1023 ISIN |
| US Country | 58,313 Employees | 28 Dec 2017 Last Dividend | - Last Split | 10 Aug 2007 IPO Date |
Overview
MercadoLibre, Inc., established in 1999 and headquartered in Montevideo, Uruguay, is a prominent online commerce company with operations primarily focused in the United States. It develops and operates a range of platforms and services designed to facilitate e-commerce and financial transactions for users, businesses, and merchants, leveraging technology to streamline commerce across its vast marketplace. Through its diversified services, including its marketplace, fintech solutions, and logistics support, MercadoLibre aims to offer a comprehensive ecosystem for online sales and payments.
Products and Services
- Mercado Libre Marketplace
An automated online commerce platform that allows individuals, businesses, and merchants to list merchandise for sale and conduct purchases. This service not only streamlines the digital sales process but also broadens the reach of sellers by connecting them with a large pool of potential buyers.
- Mercado Pago FinTech Platform
This financial technology platform facilitates transactions both on and off MercadoLibre's marketplaces by offering a secure mechanism for sending and receiving payments online. It allows users to transfer money easily through websites or apps, enhancing the convenience and safety of digital transactions.
- Mercado Fondo
A service enabling users to invest funds deposited in their Mercado Pago accounts. This feature provides an avenue for users to potentially grow their funds by investing through the platform, adding a layer of financial services beyond traditional e-commerce transactions.
- Mercado Credito
Offers loans to selected merchants and consumers, facilitating increased purchasing power and supporting the growth of businesses on the platform. This service aims to make financing more accessible, enabling participants to leverage credit opportunities to expand operations or acquire goods.
- Mercado Envios
A comprehensive logistics solution that allows sellers to utilize third-party carriers and logistics providers. It offers fulfillment and warehousing services, helping sellers to manage shipments efficiently, enhancing customer satisfaction through reliable delivery services.
- Mercado Libre Classifieds
An online service for classified listings, including motor vehicles, real estate, and various services. This platform simplifies the process of listing and finding goods and services, catering to a wide range of needs from personal to professional.
- Mercado Ads
An advertising platform that enables brands and retailers to promote their products and services on the web. This tool allows sellers to increase visibility and reach potential customers more effectively, optimizing marketing strategies within the MercadoLibre ecosystem.
- Mercado Shops
An online storefront solution that empowers users to set up, manage, and promote their digital stores. This service provides the tools necessary for merchants to establish an online presence, customize their shops, and attract customers through targeted promotion strategies.