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Mercado Libre operates under five main business units. MarketPlace is its platform for users to sell products, Mercado Pago is its payment platform for online sales, Mercado Publicado is the advertising portion of Mercado Libre, Mercado Shops is a tool designed to enhance the platform's overall ecosystem, [34] and Mercado Crédito is the company's credit line.
Among MercadoLibre’s largest markets, Argentina is a distant second to Brazil, but it remains Galperin’s spiritual, if not physical, home. And the country represents how the region’s ...
3. A swelling bottom line. MercadoLibre isn't just good at drumming up business -- it's proven adept at turning sales into profits. Net income increased 103% in the second quarter, and a profit ...
Marcos Eduardo Galperin (born 31 October 1971) is an Argentine billionaire businessman, who is best known as the co-founder, Chairman, President and CEO of Mercado Libre. With an estimated net worth of $6.8 billion dollars, as of July 2024, he is the wealthiest person in Argentina. [1]
The stock is up 14% in August. 2. The Trade Desk. Like MercadoLibre, The Trade Desk (NASDAQ: TTD) is another longtime winner on the stock market and an industry leader that just delivered an ...
Shopee Pte. Ltd. Shopee Pte. Ltd. is a Singaporean multinational technology company specialising in e-commerce. It is a subsidiary company of Sea Limited. It was launched in 2015 in Singapore, before its global expansion. [3] Since 2021, Shopee is considered the largest e-commerce platform in Southeast Asia with 343 million monthly visitors ...
MEXICO CITY (Reuters) - Latin American e-commerce giant MercadoLibre's fintech arm, Mercado Pago, has submitted its request for a banking license to the Mexican regulator, the unit said on Wednesday.
As of early 2016, South America had only three platform companies valued over $1 billion: MercadoLibre, Despegar.com, and B2W. [55] The region is home to a number of startups, particularly in Brazil and Argentina, where the local market has encouraged a global outlook. [56]