MercadoLibre

company

About

MercadoLibre hosts online e-commerce and auction platforms that provide users with buying and selling mechanisms for e-transactions.

Details

Last Funding Type
Post-IPO Debt
Last Funding Money Raised
$233M
Industries
E-Commerce,Internet,Marketing,Marketplace,Payments
Founded date
Aug 2, 1999
Number Of Employee
10001 - max
Operating Status
Active
Stock Symbol
nasdaq:MELI
Legal Name
MercadoLibre, Inc.

MercadoLibre, through its subsidiaries, hosts online commerce and payments platforms in Latin America. Its services are designed to provide its users with mechanisms to buy, sell, pay for, and collect on e-commerce transactions. The company principally offers MercadoLibre marketplace, an automated online commerce service, located at mercadolibre.com, which permits businesses and individuals to list items and conduct their sales and purchases online in a fixed-price or auction-based format. It also enables registered users in MercadoLibre marketplace to list and purchase motor vehicles, vessels, aircraft, real estate, and services through online classified listings; users and advertisers to place, display, and/or text advertisements on its Web pages to promote their brands and offerings; and Internet users to browse through various products and services that are listed on its Web site and register with MercadoLibre to list, bid for, and purchase items and services. The company also provides MercadoPago, an integrated online payments solution to facilitate transactions both on and off the MercadoLibre marketplace by providing a mechanism that allows its users to send and receive payments online. As of December 31, 2008, it operated online commerce platforms and online payment solutions directed towards Argentina, Brazil, Mexico, Venezuela, Chile, and Colombia, as well as operating online commerce platforms directed towards Costa Rica, the Dominican Republic, Ecuador, Panama, Peru, and Uruguay.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
8
$4.12B
MercadoLibre has raised a total of $4.12B in funding over 2 rounds. Their latest funding was raised on Jul 12, 2022 from a Post-IPO Debt round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jul 12, 2022 Post-IPO Debt $233M 1 Goldman Sachs Detail
Nov 16, 2021 Post-IPO Equity $1.60B Detail
Dec 3, 2019 Post-IPO Debt $125M 1 Goldman Sachs Detail
Mar 12, 2019 Post-IPO Equity $1.80B 2 Dragoneer Investment Group
PayPal
Detail
Aug 17, 2007 IPO $289M Detail

Investments

Number of Investments
Number of Lead Investments
3
2
MercadoLibre has made 3 investments. Their most recent investment was on Jan 20, 2022, when Paxos raised 0.
Date Company Name
Round Money Raised Industry Lead Investor
Jan 20, 2022 Paxos
Corporate Round Blockchain Yes
Jan 20, 2022 2TM
Corporate Round Asset Management Yes
Mar 25, 2021 Digital House
Series Unknown $50M Corporate Training

Employee Profiles

Number of Employee Profiles
33
MercadoLibre has 33 current employee profiles, including Executive Pablo Moretti
Executive
Employee
Employee
Executive
Board member

Acquisition

MercadoLibre has acquired 11 organizations. Their most recent acquisition was Classified Media Group on Jan 22, 2008. They acquired Classified Media Group for 0.

Date Company Name
Industry Acquisition Type Price
Advertising Detail
Aug 25, 2008 DeRemate.com
E-Commerce $ 40M Detail
Apr 9, 2014 VMK
Information Technology Detail
Sep 1, 2015 Dabee
E-Commerce acquisition Detail
Feb 12, 2016 Mango
Credit Cards acquihire Detail