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aVenture is in Alpha: aVenture recently launched early public access to our research product. It's intended to illustrate capabilities and gather feedback from users. While in Alpha, you should expect the research data to be limited and may not yet meet our exacting standards. We've made the decision to temporarily present this information to showcase the product's potential, but you should not yet rely upon it for your investment decisions.
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Founded in 1999, MercadoLibre is an Argentine e-commerce company headquartered in Montevideo, Uruguay, and incorporated in the United States. The company's core mission is to democratize commerce and financial services in Latin America, offering a comprehensive online marketplace and auction platform. MercadoLibre provides various services, including Mercado Pago for online payments, Mercado Envios for logistics, and Mercado Crédito for lending. Its market focus spans across multiple Latin American countries, making it the region's most popular e-commerce site by number of visitors.
Notable affiliated people include founder and CEO Marcos Galperin. The company has attracted significant investments from firms like eBay. Key achievements include reaching over 174.2 million users by 2016 and maintaining a dominant position in the Latin American e-commerce sector. MercadoLibre's impact is profound, significantly enhancing online shopping and financial inclusion in the region through its innovative platforms and services.
Operating Status
Active
Ownership Type(s)
Public
Main Product(s)
Ecommerce, Auctions
Technology
FinTech
Tags
SaaS, Marketplace
Model Types
Advertising, Transactional
Customer Type(s)
Consumers, Small Business
Geographic Exposure
Latin America, Americas
When was MercadoLibre founded?
MercadoLibre was founded in 1999.
Where is MercadoLibre’s headquarters located?
MercadoLibre’s headquarters is located in Buenos Aires, AR.
When was MercadoLibre’s last funding round?
MercadoLibre’s most recent funding round was for $233M (USD) in July 2022.
How many employees does MercadoLibre have?
MercadoLibre has 13856 employees as of Feb 5, 2024.
How much has MercadoLibre raised to-date?
As of July 05, 2023, MercadoLibre has raised a total of $3.8B (USD) since Jul 12, 2022.
Add Comparison
Total Raised to Date
$3.8B
USD
Last Update Jul 12, 2022
Last Deal Details
$233M
USD
Jul 12, 2022
Post Ipo Debt
Total Employees Over Time
13856
As of Feb 2024
MercadoLibre Address
Buenos Aires,
Buenos Aires Province
Argentina
Source(s): This page includes data and analysis provided by the company, OpenAI, and our research analysts