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Mercadolibre, Inc. (MELI)

132.03 Down 7.03(5.06%) Jun 24, 4:00PM EDT
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Mercadolibre, Inc.
Av. del Libertador 101
pisos 16°, 17°, 18°
Vicente López,
Argentina - Map

Index Membership:N/A
Industry:Catalog & Mail Order Houses
Full Time Employees:3,298

Business Summary 

MercadoLibre, Inc. hosts online commerce platforms in Latin America. It offers MercadoLibre Marketplace, an automated online e-commerce service for businesses and individuals to list items and conduct their sales and purchases online in a fixed-price or auction-based format. The company’s MercadoLibre marketplace enables commerce through online classifieds for motor vehicles, vessels, aircraft, services, and real estate; and Internet users to browse through various products that are listed on its Website and to register with MercadoLibre to list, bid for, and purchase items and services. It also provides MercadoLibre Classifieds service for users to list their offerings related to vehicles, real estate, and services outside the marketplace platform; and MercadoPago, an integrated online payments solution to facilitate transactions on and off the MercadoLibre marketplace by providing a mechanism that allows its users to send, receive, and finance payments online. In addition, the company offers MercadoLibre Advertising program that allows retailers, small and medium brands, and various consumer brands to promote their products and services on the Internet; and enables users and advertisers to place display and text advertisements on its Website to promote their brands and offerings. Further, it provides MercadoShops on-line stores, a software-as-a-service, which allows users to set-up, manage, and promote their own online Webstores; and MercadoEnvios, a shipping solution for marketplace users. As of December 31, 2015, the company operated online commerce platforms directed towards Argentina, Brazil, Chile, Colombia, Costa Rica, the Dominican Republic, Ecuador, Mexico, Panama, Peru, Portugal, Uruguay, and Venezuela; and a real estate classified platform that covers various areas in Florida. The company was founded in 1999 and is headquartered in Vicente López, Argentina.

Key Statistics

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Key Executives 
Mr. Marcos Galperin , 44
Co-Founder, Chairman, Chief Exec. Officer and Pres
Mr. Pedro Arnt , 42
Chief Financial Officer and Exec. VP
Mr. Stelleo Tolda , 48
Chief Operating Officer and Exec. VP
Mr. Daniel Rabinovich , 38
Chief Technology Officer and Exec. VP
Mr. Osvaldo Giménez , 45
Exec. VP of Payments
Amounts are as of Dec 31, 2015 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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