MercadoLibre, Inc.

Last price update: 26 Apr 24 23:00 GMT

Price:
$1,406.00
Open:
$1,380.00
Previous close:
$1,363.83
Day's range:
$1,376.69 - $1,416.76
Year's range:
$1,063.02 - $1,825.00
Net Income per Share:
19.40
Price-to-Earnings ratio:
72.47
52-week Price Range:
$1,528.57
Volume:
$442,152.00
Average volume:
$391,926.00

Company profile for MercadoLibre, Inc.

MercadoLibre, Inc. logo

MercadoLibre, Inc. is a leading e-commerce platform in Latin America, operating online commerce platforms in Argentina, Brazil, Chile, Colombia, Costa Rica, Dominican Republic, Ecuador, Mexico, Peru, Panama, Uruguay, and Venezuela. The company offers a range of services, including Mercado Libre Marketplace, a secure online commerce platform that enables businesses, merchants, and individuals to list merchandise and conduct sales and purchases online; Mercado Pago FinTech platform, a financial technology solution platform that facilitates transactions on and off its marketplaces; Mercado Fondo, which allows users to invest funds deposited in their Mercado Pago accounts; Mercado Credito, which extends loans to certain merchants and consumers; and Mercado Envios, a 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.

In addition to the core services, MercadoLibre also offers a range of other services, such as 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 founded in 1999 and is headquartered in Montevideo, Uruguay. Since then, it has grown to become one of the largest e-commerce platforms in Latin America, with more than 200 million users and over 1 million active sellers. The company has been recognized for its innovative technology and services, and for its commitment to customer service, with awards such as the Latin American Corporate Excellence award in 2018, and the National Council of Quality award in 2019. MercadoLibre is also a leader in social responsibility initiatives, with a focus on promoting the development of science, technology, and innovation in Latin America.

Stock exchanges:
NASDAQ
Sector:
Consumer Cyclical
Industries:
Internet Retail
Ticker:
MELI
CIK:
1099590
ISIN:
US58733R1023
Website:
https://www.mercadolibre.com
Phone:
598 2 927 2770
Origin:
Uruguay
Employees:
40,548