MercadoLibre Inc
Company Profile
Business description
MercadoLibre runs the largest e-commerce marketplace in Latin America, with more than 218 million active users and 1 million active sellers across 18 countries stitching into its commerce network or fintech solutions as of the end of 2023. The company operates a host of complementary businesses to its core online shop, with shipping solutions (Mercado Envios), a payment and financing operation (Mercado Pago and Mercado Credito), advertisements (Mercado Clics), classifieds, and a turnkey e-commerce solution (Mercado Shops) rounding out its arsenal. MercadoLibre generates revenue from final value fees, advertising royalties, payment processing, insertion fees, subscription fees, and interest income from consumer and small-business lending.
Contact
WTC Free Zone, Dr. Luis Bonavita 1294
Of. 1733, Tower II
Montevideo11300
URYT: +598 29272770
Sector
Consumer Cyclical
Stock type
Cyclical
Industry
Internet Retail
Fiscal Year End
31 December 2024
Employees
58,313
Morningstar Investment Ideas
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