MERCADOLIBRE INC

Ticker(s):

MELI

Country:

Sector & Industry:

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Business Overview

MercadoLibre, Inc. operates online commerce platforms in Brazil, Mexico, Argentina, and internationally. The company operates Mercado Libre Marketplace, an online commerce platform that can be accessed through mobile app or website; and Mercado Pago, a financial technology solution platform, which offers comprehensive set of financial technology services to users and other users of its e-commerce platform. It also provides Mercado Fondo that allows users to invest funds deposited in their Mercado Pago accounts; Mercado Credito, which grants loans and obtains better funding alternatives; and Mercado Mercado Envios that facilitates the shipping of goods from the Company and sellers to buyers. In addition, the company provides Mercado Libre Classifieds, where users can list vehicles, properties, and services; Mercado Ads, an advertising platform, which enables retailers and brands to promote their products and services on the platform; and Mercado Shops which allows users to set-up, manage, and promote their own online webstores under a subscription-based business model. MercadoLibre, Inc. was incorporated in 1999 and is headquartered in Montevideo, Uruguay.

Contact & Other Information

Number of Employees:

84,207

WTC Free Zone
Dr. Luis Bonavita 1294, Of. 1733 Tower II
Montevideo

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11300
Uruguay
598 2 927 2770
02/21/2025 | 10-K | 0001099590-25-000007 |

MercadoLibre’s 2024 10-K filing shows strong revenue growth in both commerce and fintech, particularly in Brazil and Mexico. However, increased operating expenses have impacted operating margins, and the company faces risks related to competition and economic instability in Latin America.