MercadoLibre, Inc., incorporated on October 15, 1999, is an e-commerce company. The Company enables commerce through its marketplace platform (including online classifieds for motor vehicles, vessels, aircraft, services and real estate) in Latin America. The Company's platform is designed to provide users with a portfolio of services to facilitate commercial transactions. Its geographic segments are Brazil, Argentina, Mexico Venezuela and Other Countries (which includes Chile, Colombia, Costa Rica, Dominican Republic, Ecuador, Panama, Peru, Portugal, Guatemala, Bolivia, Paraguay, Uruguay and the United States of America). It also operates online commerce platforms in the Dominican Republic, Honduras, Nicaragua, Salvador, Panama, Bolivia, Guatemala, Paraguay and Portugal. The Company offers its users an ecosystem of six integrated e-commerce services: the MercadoLibre Marketplace, the MercadoLibre Classifieds Service, the MercadoPago payments solution, the MercadoLibre advertising program, the MercadoShops online Webstores solution and the MercadoEnvios shipping service. In addition, the Company operates a real estate classified platform that covers some areas of State of Florida, in the United States.
Through MercadoPago, the Company enables individuals and businesses to send and receive online payments; through MercadoEnvios, it facilitates the shipping of goods from sellers to buyers; through its Advertising products, the Company facilitates advertising services to retailers and brands to promote their product and services on the Web, and through MercadoShops, it facilitates users to set-up, manage, and promote their own online Web-stores under a subscription-based business model and through MercadoCredits extends loans to specific merchants. In addition, the Company develops and sells software enterprise solutions to e-commerce business clients in Brazil.
MercadoLibre Marketplace
The MercadoLibre Marketplace is an online commerce platform where buyers and sellers can engage in transactions for a range of goods and services. The platform serves as an online commerce service, which permits both businesses and individuals to list items and conduct their sales and purchases online. Additionally, sellers and advertisers can purchase, display and link advertising on its Websites to promote their brands, businesses and products. The MercadoLibre Marketplace offers buyers a selection of new and used items.
MercadoLibre Classifieds Service
The MercadoLibre Classifieds Service enables users to list their offerings related to motor vehicles, vessels, aircraft, real estate and services outside the Marketplace platform. It allows users to also list and purchase motor vehicles, vessels, aircraft, real estate and services in all countries where the Company operates.
MercadoPago Online Payments Service
MercadoPago is an integrated online payments solution. MercadoPago is designed to facilitate transactions both on and off the MercadoLibre Marketplace. MercadoPago enables any MercadoLibre registered user to send and receive payments online to pay for purchases made in the MercadoLibre Marketplace. MercadoPago is available to its users in Brazil, Argentina, Mexico, Venezuela, Chile, Colombia, Peru and Uruguay. MercadoPago is also available in these countries for purchases of goods and services outside the MercadoLibre Marketplace, as an open online payment service. Users are able to transfer money to other users and to incorporate MercadoPago as a means of payments on their independent Websites. MercadoPago allows merchants to facilitate checkout and payment processes on their Websites. It also enables users to transfer money to each other either through the Website or using the MercadoPago Application. MercadoPago offers registered online sellers the ability to integrate MercadoPago with their checkout flow.
MercadoEnvios Shipping Service
MercadoEnvios is a shipping service for marketplace users, available in Brazil, Argentina, Mexico, Colombia and Chile. Through MercadoEnvios, the Company offers an integration with existing logistic and shipping carriers to sellers on its platform.
MercadoLibre Advertising Service
The MercadoLibre Advertising platform enables retailers and various other consumer brands to promote their products and services on the Internet by providing branding and performance marketing services. Advertisers place text, display or banner advertisements in order to promote their brands and offerings on its Webpages and its associated sites in the region. Advertisers can purchase search standing and/or specific categories.
MercadoShops Webstores Service
MercadoShops is a software-as-a-service, fully hosted online store solution. Through MercadoShops, users can set-up, manage and promote their own Web stores. These Web stores are hosted by the Company and offer integration with the other marketplace, payment and advertising services offered by it.
The Company competes with Rakuten, Amazon, B2W Inc., Cnova, Aliexpress, Netshoes, Dafiti, Casas Bahia, Walmart, Fravega, Garbarino, Falabella, Buscape, Bondfaro, VivaStreet, Webmotors, Zap, Facebook, Google, Amazon, Microsoft, Yahoo!, Paypal, DineroMail, Bcash, PagSeguro, Western Union, PayU, MOIP, Alamaula.com, OLX.com and QueBarato.
Arias 3751, 7th Floor
The company trades on NASDAQ exchange. The company headquarter is located in Argentina. The company was established in the 1999.| Ticker | MELI |
| Long Name | MercadoLibre, Inc. |
| Short Name | MercadoLibre |