MercadoLibre Inc. (NASDAQ: MELI)
Internet Retail · Montevideo, Uruguay · Founded 1999
- Market capitalization: $85.0 billion
- Annual revenue: $28.89 billion
- Net income: $2.0 billion
- Employees: 52,000
- Sector: Consumer Cyclical
- Headquarters: Montevideo, Uruguay
- Founded: 1999
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MercadoLibre is Latin America's largest e-commerce and fintech ecosystem, operating across 18 countries with particular dominance in Brazil, Mexico, and Argentina. The platform combines a marketplace (Mercado Libre), a payments system (Mercado Pago), a logistics network (Mercado Envíos), and a credit operation (Mercado Crédito). It processes billions of dollars in payment volume quarterly.
MercadoLibre earns marketplace commissions, payment processing fees through Mercado Pago, and interest income from its rapidly growing lending business. Advertising on the marketplace has become an increasingly important high-margin revenue stream.
Marcos Galperin founded MercadoLibre in 1999 in a garage in Buenos Aires, inspired by eBay. The company went public on NASDAQ in 2007. The launch of Mercado Pago in 2003 proved transformative, evolving from a checkout tool into a standalone fintech giant.
| Market Capitalization | $85.0B |
| Annual Revenue | $28.89B |
| Net Income | $2.0B |
| Profit Margin | 7% |
| Revenue per Employee | $555577K |
| Stock Exchange | NASDAQ |
| Ticker Symbol | MELI |
Financial data is approximate and based on most recent annual filings.
Mercado Pago has more active users than many Latin American banks, effectively becoming the region's largest digital wallet. MercadoLibre built its own aircraft fleet to handle logistics in Brazil, where infrastructure gaps make last-mile delivery a competitive battleground.
MercadoLibre is the rare company that dominates both commerce and fintech in a high-growth region—a combination that compounds beautifully. Currency volatility is a permanent headwind, but the structural tailwinds of Latin American digitization are stronger.
What is MercadoLibre Inc.'s revenue?
MercadoLibre Inc. generates approximately $28.89 billion in annual revenue.
How many employees does MercadoLibre Inc. have?
MercadoLibre Inc. employs approximately 52,000 people worldwide.
What is MercadoLibre Inc.'s market cap?
MercadoLibre Inc. (MELI) has a market capitalization of approximately $85.0 billion on the NASDAQ.
When was MercadoLibre Inc. founded?
MercadoLibre Inc. was founded in 1999 and is headquartered in Montevideo, Uruguay.
Who is the CEO of MercadoLibre Inc.?
Marcos Galperin is the current CEO of MercadoLibre Inc..
What is MercadoLibre Inc.'s website?
MercadoLibre Inc.'s official website is mercadolibre.com.
| CEO | Marcos Galperin |
| Sector | Consumer Cyclical |
| Industry | Internet Retail |
| Founded | 1999 |
| HQ | Montevideo |
| Country | Uruguay |
| Website | mercadolibre.com |
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