MercadoLibre, Inc. (MELI)

USD 1716.38

(-5.13%)

Market Cap (In USD)

87.01 Billion

Revenue (In USD)

14.47 Billion

Net Income (In USD)

987 Million

Avg. Volume

308.51 Thousand

Currency
USD
Country
Consumer Cyclical
Open
-
Prev. Close
-
Day Range
-
Year Range
1324.99-2161.73
PE
-
EPS
-
Beta Value
1.612
ISIN
US58733R1023
CUSIP
58733R102
CIK
1099590
Shares
-
Earnings Annoncement
-

Company Profile

Sector
Consumer Cyclical
Industry
Specialty Retail
CEO
Mr. Marcos Eduardo Galperín
Employee Count
-
Website
https://www.mercadolibre.com
Ipo Date
2007-08-10
Details
MercadoLibre, Inc. operates online commerce platforms in Latin America. It operates Mercado Libre Marketplace, an automated online commerce platform that enables businesses, merchants, and individuals to list merchandise and conduct sales and purchases online; and Mercado Pago FinTech platform, a financial technology solution platform, which facilitates transactions on and off its marketplaces by providing a mechanism that allows its users to send and receive payments online, as well as allows users to transfer money through their websites or on the apps. The company also offers Mercado Fondo that allows users to invest funds deposited in their Mercado Pago accounts; Mercado Credito, which extends loans to certain merchants and consumers; and Mercado Envios logistics solution that enables sellers on its platform to utilize third-party carriers and other logistics service providers, as well as fulfillment and warehousing services for sellers. In addition, it provides Mercado Libre Classifieds, an online classified listing service, where users can list and purchase motor vehicles, real estate, and services; Mercado Libre Ads, an advertising platform, which enables large retailers and brands to promote their products and services on the Internet; and Mercado Shops, an online storefronts solution that enables users to set-up, manage, and promote their own digital stores. MercadoLibre, Inc. was incorporated in 1999 and is headquartered in Montevideo, Uruguay.