Argentine e-commerce and fintech giant (Nasdaq: MELI), the largest online marketplace in Latin America. Operates in 18 countries and owns Mercado Pago, Mercado Envíos and Mercado Crédito.
MercadoLibre, Inc. (Mercado Libre in Spanish, Mercado Livre in Portuguese) is an Argentine e-commerce and fintech company founded in August 1999 in Buenos Aires, with its global headquarters in Montevideo, Uruguay, and incorporated in Delaware, USA. Founder and longtime CEO Marcos Galperin built the company while pursuing his MBA at Stanford University. Mercado Libre is the largest online marketplace in Latin America, operating in 18 countries (Argentina, Bolivia, Brazil, Chile, Colombia, Costa Rica, Ecuador, El Salvador, Guatemala, Honduras, Mexico, Nicaragua, Panama, Paraguay, Peru, the Dominican Republic, Uruguay and Venezuela). The company operates five main business units: Marketplace (C2C and B2C trade), Mercado Pago (fintech and payments), Mercado Envíos (logistics and fulfillment), Mercado Shops (SaaS for SMB stores) and Mercado Crédito (consumer credit). In 2007 Mercado Libre became the first Latin American tech company listed on Nasdaq (ticker MELI), and it has been part of the Nasdaq-100 index since 2017. Revenue in 2025 was $28.9B, net income $1.99B and headcount 123,670. In 2023 the company was named to Time's 100 Most Influential Companies list. Mercado Libre invests aggressively in technology and AI infrastructure across the region, including a $2.6B investment in Argentina announced in April 2025. The company is also an early example of Latin American fintech — Mercado Pago handles hundreds of millions of transactions per year.
Founders
Argentine entrepreneur, founder of Mercado Libre in August 1999 while pursuing his MBA at Stanford University. Argentina's first tech billionaire. Secured early funding from John Muse (HM Capital Partners), JPMorgan Partners, Flatiron Partners, Goldman Sachs, GE Capital and Banco Santander.
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