1,723.19995 EUR
2.6
0.15%
Last update Dec 12, 11:09 AM CET
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Day range
1,723.19995
1,737.80005
Previous close
1,720.59998
Open
1,737.80005
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Mercadolibre Inc.
1,723.20
2.60
0.15%

Overview

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Description

MercadoLibre Inc. is a leading consumer cyclical company specializing in internet retail and financial technology across Latin America. Established in 1999 and headquartered in Montevideo, Uruguay, MercadoLibre operates a suite of digital platforms that empower millions of users in countries such as Brazil, Mexico, and Argentina. The company's core service is its flagship e-commerce marketplace, which connects buyers and sellers for a vast range of products through web and mobile applications. Complementing its marketplace, MercadoLibre has developed a robust financial technology ecosystem via Mercado Pago, offering digital payments, lending, and investment solutions, as well as an integrated shipping service called Mercado Envios. Recent company performance highlights remarkable growth, with revenues rising 37% year-over-year in the first quarter of 2025 and user engagement expanding rapidly. MercadoLibre’s comprehensive digital ecosystem, which also includes classifieds, advertising, and online store solutions, positions it as a pivotal force in democratizing online commerce and financial access across the region, significantly shaping the e-commerce and fintech landscape in Latin America.

About

CEO
Mr. Marcos Eduardo Galperín
Employees
84207
Address
WTC Free Zone
Dr. Luis Bonavita 1294, Of. 1733 Tower II
Montevideo, 11300
Phone
598 2 927 2770
Instrument type
Common stock
Sector
Consumer Cyclical
Industry
Internet Retail
Country
Italy
MIC code
XMIL
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