Mercado Libre

Mercado Libre is an Argentine e-commerce company, and its name means free market in Spanish. Marcos Galperin founded it in 1999. Its executive offices are in Montevideo, Uruguay, and its main operations are in Buenos Aires.

The company runs an online marketplace in Argentina, Brazil, Mexico, Chile, Colombia and other countries in the region. It also operates Mercado Pago for payments and credit, Mercado Envios for logistics and Mercado Shops for sellers' own storefronts.

The group is listed on Nasdaq and is among the largest companies in Latin America by market value. It runs fulfillment centers, a delivery fleet and an air cargo service. Many small businesses in the region sell through its platform. The company also gives loans through Mercado Credito. Its logistics arm delivers in many countries across the region. Amazon and Shopee are among the competitors it faces in several markets.