MercadoLibre, Inc.

MercadoLibre, Inc.

MELI

NASDAQConsumer CyclicalSpecialty Retail

Latest quote

$1,978.36

−$12.695 · -0.64%

MELI company overview

Regular session · ET · Market data may be delayed.

Company profile

Company website

MercadoLibre, Inc. operates as a prominent provider of digital commerce platforms throughout Latin America. Its primary service, the Mercado Libre Marketplace, is an automated online system allowing businesses, independent vendors, and private individuals to list merchandise and finalize sales. Supporting this, the Mercado Pago FinTech platform offers a financial technology solution, facilitating transactions both on and off its e-commerce sites by enabling users to securely send and receive online payments and transfer funds via web and mobile applications. The company further expands its financial offerings through Mercado Fondo, a service that permits users to invest balances held in their Mercado Pago accounts, and Mercado Credito, which extends credit options to qualified merchants and consumers. For logistics, Mercado Envios provides a comprehensive solution, empowering sellers on its platform to utilize third-party delivery services and other logistical partners, including warehousing and fulfillment capabilities. Beyond these core services, MercadoLibre also runs Mercado Libre Classifieds, an online classifieds platform for motor vehicles, real estate, and professional services. Mercado Libre Ads serves as an advertising platform, assisting major retailers and brands in promoting their products and services across the internet. Lastly, Mercado Shops offers a solution for users to establish, manage, and market their personalized online storefronts. Founded in 1999, MercadoLibre, Inc. is headquartered in Montevideo, Uruguay.

Industry
Specialty Retail
Sector
Consumer Cyclical
Headquarters
UY
CEO
Ariel Szarfsztejn
Listed since
Aug 10, 2007
Employees
123,670

Market position

Day range

Current $1,978.36

52-week range

Current $1,978.36

Open
$1,990.25
Previous close
$1,991.06
Volume
281.94K
0.55× average
Average volume
512.06K
Average daily volume
Market cap
100.3B USD
Beta
1.31
Market reference 1
50-day average
$1,857.67
+6.50% above average
200-day average
$1,860.17
+6.35% above average
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