MercadoLibre, Inc. is a prominent player in the online commerce space in Latin America. The company's key offerings include the Mercado Libre Marketplace and the Mercado Pago FinTech platform. The former is an online commerce platform that enables businesses, merchants, and individuals to sell and purchase merchandise online using an automated system. On the other hand, the Mercado Pago FinTech platform is a financial technology solution that facilitates transactions on and off its marketplaces. It allows users to send and receive payments online, transfer money through their websites or on the apps, and invest funds deposited in their Mercado Pago accounts using Mercado Fondo. The company also offers Mercado Credito, an initiative that extends loans to certain merchants and consumers. Mercado Envios, another service offered by the company, is a logistics solution that offers third-party carriers, fulfillment, and warehousing services for sellers on its platform. In addition, the company has Mercado Libre Classifieds, an online classified listing service, Mercado Libre Ads, an advertising platform for larger retailers and brands, and Mercado Shops, an online storefronts solution. MercadoLibre, Inc. was first incorporated in 1999 and is headquartered in Montevideo, Uruguay. With its focus on facilitating e-commerce and fintech, the company is well poised to take advantage of the growing demand for digital solutions in the Latin American region.
MercadoLibre's ticker is MELI
The company's shares trade on the NASDAQ stock exchange
They are based in Buenos Aires, Argentina
There are 5001-10,000 employees working at MercadoLibre
It is mercadolibre.com
MercadoLibre is in the Services sector