MercadoLibre Inc (NASDAQ:MELI)

North American company
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Company Info - MELI

  • Market Cap$73.186bn
  • SymbolNASDAQ:MELI
  • IndustryConsumer Cyclical
  • SectorInternet Retail
  • Currency
  • ISINUS58733R1023

Company Profile

Founded in 1999, MercadoLibre's commerce segment (representing 64% of net revenue in 2020) includes online marketplaces in more than a dozen Latin American countries, display and paid search advertising capabilities (MercadoClics), online store management services (MercadoShops), and third-party logistics solutions (MercadoEnvios). Its fintech segment includes an online/offline payment-processing platform (MercadoPago), mobile wallet platform, credit solutions for buyers/sellers, and asset management offerings (Mercado Fondo). The company derives more than 95% of its revenue from Brazil, Argentina, and Mexico.MercadoLibre Inc is an e-commerce company. It hosts the online commerce platform in Latin America, which is focused on enabling e-commerce and its related services. The company generates most of its revenue from Brazil, Argentina, Venezuela, and Mexico.

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