MercadoLibre, Inc. (MLB1.DE) XETRA

Currency In EUR

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MercadoLibre, Inc.

Address

WTC Free Zone

Montevideo, MO 11300

Uruguay

Phone

598 2 927 2770

Sector

Consumer Cyclical

Industry

Specialty Retail

Employees

123670

First IPO Date

October 28, 2019

Key Executives

NameTitlePayYear Born
Ariel SzarfsztejnCEO & President3.79M1983
Marcelo MelamudChief Accounting Officer & Senior Vice President168,4261971
Juan Martin De La SernaExecutive Vice President of Corporate Affairs & President of Argentina2.52M1968
Martin de los SantosExecutive Vice President & Chief Financial Officer2.54M1970
Daniel RabinovichPresident of Technology & Operations4.31M1978
Osvaldo GimenezFintech President4.48M1971
Marcos Eduardo GalperínCo-Founder & Executive Chairman11.59M1971
Sean SummersChief Marketing Officer & EVP Advertising0N/A
Jacobo Cohen ImachSenior Vice President, General Counsel & Secretary0N/A
Richard CathcartHead of Investor Relations0N/A
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Description

MercadoLibre, Inc. is a leading e-commerce and financial technology company serving the Latin American market. The firm's flagship offering, the Mercado Libre Marketplace, functions as a robust online platform where businesses, individual sellers, and consumers can effortlessly list, buy, and sell a wide array of merchandise. Complementing its retail operations, the Mercado Pago FinTech platform provides comprehensive financial services, enabling seamless online payment processing both within and beyond its primary marketplaces, as well as facilitating digital money transfers. Expanding its financial ecosystem, Mercado Fondo allows users to invest balances held in their Mercado Pago accounts, while Mercado Credito extends financing options and loans to eligible merchants and consumers. For sellers, Mercado Envios offers a streamlined logistics solution, leveraging third-party delivery partners and providing crucial fulfillment and storage capabilities. Beyond conventional retail, Mercado Libre Classifieds offers a dedicated section for classified listings, encompassing motor vehicles, real estate, and various services. The company further supports businesses with Mercado Libre Ads, an advertising platform designed to help major retailers and brands promote their products and services across the internet. Additionally, Mercado Shops empowers users to establish, manage, and market their own customized digital storefronts. MercadoLibre, Inc. was established in 1999 and maintains its headquarters in Montevideo, Uruguay.

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