Native name | Mercado Libre (Spanish) Mercado Livre (Portuguese) |
---|---|
Company type | Public |
| |
Industry | E-commerce |
Founded | August 2, 1999[1] |
Founder | Marcos Galperin |
Headquarters | , Uruguay |
Area served | |
Key people | |
Brands |
|
Services | Online marketplace and e-commerce payment system |
Revenue | US$14.5 billion (2023) |
US$1.82 billion (2023) | |
US$987 million (2023) | |
Total assets | US$17.6 billion (2023) |
Total equity | US$3.07 billion (2023) |
Number of employees | 58,313 (2023) |
Website | mercadolibre |
Footnotes / references [2] |
MercadoLibre, Inc. (literally "free market" in Spanish, and known as Mercado Livre in Portuguese) is an Argentine company headquartered in Montevideo, Uruguay and incorporated in Delaware in the United States that operates online marketplaces dedicated to e-commerce and online auctions. As of 2016[update], Mercado Libre had 174.2 million users in Latin America,[3] making it the region's most popular e-commerce site by number of visitors.[4]
Aside from being the sole player in Argentina's e-commerce market,[5] it has operations in Bolivia, Brazil, Chile, Colombia, Costa Rica, Dominican Republic, Ecuador, El Salvador, Guatemala, Honduras, Mexico, Nicaragua, Panama, Paraguay, Peru, Uruguay and Venezuela.[6] In 2023, TIME included Mercado Libre in the list of the 100 most influential companies in the world.[7]
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