MercadoLibre Inc.
- Industry
- Internet Platforms
- Exchange
- US
- Country
- USA
- IPO date
- Aug 10, 2007
- Employees
- 123,670
- Website
- www.mercadolibre.com
Composite valuation range · conservative $400–$600 / fair $750–$1,000 / optimistic $1,350–$1,850. At $1,819.74, Within the optimistic intrinsic-value range · much expectation priced in.
At publication $1,677.26 (May 22, 2026)
Data from EODHD, shown in the reporting currency; for reference only, not investment advice.
MercadoLibre, Inc. operates online commerce platforms in Brazil, Mexico, Argentina, and internationally. The company operates Mercado Libre Marketplace, an online commerce platform that can be accessed through mobile app or website; and Mercado Pago, a financial technology solution platform, which offers comprehensive set of financial technology services to users and other users of its e-commerce platform. It also provides Mercado Fondo that allows users to invest funds deposited in their Mercado Pago accounts; Mercado Credito, which grants loans and obtains better funding alternatives; and Mercado Mercado Envios that facilitates the shipping of goods from the Company and sellers to buyers. In addition, the company provides Mercado Libre Classifieds, where users can list vehicles, properties, and services; Mercado Ads, an advertising platform, which enables retailers and brands to promote their products and services on the platform. MercadoLibre, Inc. was incorporated in 1999 and is headquartered in Montevideo, Uruguay.
History
MercadoLibre, Inc. was incorporated in 1999 and is headquartered in Montevideo, Uruguay. The company completed its IPO on August 10, 2007. It has expanded from a single e-commerce platform into a group operating multiple units including the Marketplace, Mercado Pago, Mercado Envios, Mercado Ads, Classifieds and Shops. The company suspended dividends starting in the first quarter of 2018, reinvesting capital into the business; its 2024 acquisition cash outflow was only USD 6 million, with no significant large acquisitions in 2025. On January 1, 2026, founder Marcos Galperin moved from CEO to Executive Chairman, with Ariel Szarfsztejn succeeding him as CEO.
Industry position
MercadoLibre operates online commerce platforms in Brazil, Mexico, Argentina and internationally, running 18 e-commerce markets and 8 fintech markets across Latin America. In the first quarter of 2026, commerce revenue was about USD 4.868 billion and fintech revenue about USD 3.977 billion; revenue grew from USD 7.069 billion to USD 28.893 billion over five years. In 2024 it had 100 million annual active buyers and 61 million fintech MAUs, shipping 95% of sold goods through its own logistics network. In Brazil its market share is about 35% (per Trade.gov citing local sources), and in Mexico, Amazon and Mercado Libre together control over 85% of online retail transactions (per COFECE); its competitors include Amazon and Shopee in e-commerce, and traditional banks, wallets, acquirers and card networks in payments.