Mercado Libre

Mercado Libre, Inc. (literally "free market" in Spanish, and known as Mercado Livre in Portuguese) is a multinational company of Argentine origin based in Montevideo, Uruguay dedicated to electronic commerce in Latin America.

Mercado Libre, Inc.
MercadoLibre headquarters in Saavedra, Buenos Aires, Argentina, July 2021
Native name	Mercado Libre
Type	Public
Industry	E-commerce
Founded	August 2, 1999 (1999-08-02)
Founder	Marcos Galperin
Area served	18 countries in Latin America: Argentina Bolivia Brazil Chile Colombia Costa Rica Dominican Republic Ecuador El Salvador Guatemala Honduras Mexico Nicaragua Panama Paraguay Peru Uruguay Venezuela
Key people	Marcos Galperin (chairman, president, and chief executive officer) Pedro Arnt (executive vice president and chief financial officer) Stelleo Tolda (vice president and chief operating officer) Osvaldo Giménez (vice president, payments) Daniel Rabinovich (senior vice president and chief technology officer) Marcelo Melamud (vice president and chief accounting officer)
Brands	Mercado Pago Mercado Crédito Mercado Ads
Services	Online marketplace and E-commerce payment system
Revenue	US$7.07 billion (2021)
Operating income	US$441 million (2021)
Net income	US$83.3 million (2021)
Total assets	US$10.1 billion (2021)
Total equity	US$1.53 billion (2021)
Number of employees	29,957 (2021)

Users can sell and buy both new and used products at a fixed or variable price, plus private services are offered. Mercado Libre also has a service called Mercado Pago, a platform for charging buyers and payments and credits to sellers. Although their headquarters are currently located in Montevideo, Uruguay as of 2021, their main and profitable operating markets are in Argentina, Brazil, Colombia and Mexico, where they even operate with their own line of aircraft included.