Company MercadoLibre, Inc.

Equities

MELI

US58733R1023

Internet Services

Real-time Estimate Cboe BZX 12:27:18 2024-03-28 pm EDT 5-day change 1st Jan Change
1,514 USD -0.58% Intraday chart for MercadoLibre, Inc. -2.68% -3.66%

Business Summary

MercadoLibre, Inc. is the leading online marketplace in Latin America. The group operates an IT platform enabling individuals and professionals to carry out their purchasing and selling transactions for goods and services. The activity is organized around 5 areas:

- operation of online trading platforms;

- online payment services: services provided through the MercadoPago platform;

- shipping services: services provided through the MercadoEnvios platform;

- development of classified ad sites;

- other: e-commerce software development, advertising services, etc.

Net sales are distributed geographically as follows: Brazil (53.8%), Argentina (23.7%), Mexico (17.7%) and other (4.8%).

Number of employees: 58,313

Sales per Business

USD in Million2022Weight2023Weight Delta
Commerce Services
46.7 %
4,764 45.2 % 6,754 46.7 % +41.77%
Fintech Services
25.4 %
2,645 25.1 % 3,683 25.4 % +39.24%
Credit
17.6 %
2,033 19.3 % 2,546 17.6 % +25.23%
Commerce Products
10.0 %
1,044 9.9 % 1,447 10.0 % +38.60%
Fintech Products
0.3 %
51 0.5 % 43 0.3 % -15.69%

Sales per region

USD in Million2022Weight2023Weight Delta
Brazil
52.5 %
5,666 53.8 % 7,595 52.5 % +34.05%
Argentina
22.4 %
2,500 23.7 % 3,240 22.4 % +29.60%
Mexico
20.6 %
1,864 17.7 % 2,985 20.6 % +60.14%
Other Countries
4.5 %
507 4.8 % 653 4.5 % +28.80%

Managers

Managers TitleAgeSince
Chief Executive Officer 51 99-10-14
Director of Finance/CFO 54 07-12-31
Chief Operating Officer 46 00-02-29
Corporate Officer/Principal - 20-12-31
Corporate Officer/Principal 57 19-12-31
Corporate Officer/Principal 42 17-04-30
General Counsel - -
Corporate Officer/Principal 53 99-12-31

Members of the board

Members of the board TitleAgeSince
Director/Board Member 71 12-03-31
Director/Board Member 50 07-07-31
Director/Board Member 55 98-12-31
Director/Board Member 88 08-04-30
Director/Board Member 52 22-02-08
Chief Executive Officer 51 99-10-14
Director of Finance/CFO 54 07-12-31
Director/Board Member 56 17-01-12
Director/Board Member 28 17-05-31
Director/Board Member 49 21-12-31

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 50,922,387 46,988,759 ( 92.28 %) 224,945 ( 0.4417 %) 92.28 %

Shareholders

NameEquities%Valuation
Baillie Gifford & Co.
10.62 %
5,383,227 10.62 % 8 588 M $
Baillie Gifford & Co.
10.62 %
5,383,227 10.62 % 8 588 M $
Galperin Trust
7.200 %
3,650,136 7.200 % 5 823 M $
Capital Research & Management Co. (Global Investors)
5.182 %
2,627,083 5.182 % 4 191 M $
Eaton Vance Management
4.781 %
2,424,069 4.781 % 3 867 M $
Jennison Associates LLC
4.204 %
2,131,538 4.204 % 3 400 M $
JPMorgan Investment Management, Inc.
4.175 %
2,116,817 4.175 % 3 377 M $
1,719,790 3.392 % 2 744 M $
WCM Investment Management LLC
2.293 %
1,162,724 2.293 % 1 855 M $
Capital Research & Management Co. (International Investors)
2.046 %
1,037,070 2.046 % 1 654 M $
NameEquities%Valuation
BTG Pactual WM Gestão de Recursos Ltda.
0.005096 %
311,253 0.005096 % 4 M $
BB Gestão de Recursos DTVM SA
0.005082 %
310,400 0.005082 % 4 M $
Itaú Unibanco SA
0.003361 %
205,298 0.003361 % 3 M $
Itaú Unibanco Asset Management Ltda.
0.003356 %
205,000 0.003356 % 3 M $
Banco Santander Brasil SA (Private Banking)
0.003238 %
197,804 0.003238 % 3 M $
Empiricus Gestao De Recursos Ltda.
0.003001 %
183,322 0.003001 % 2 M $
Bram Bradesco Asset Management S/A DTVM
0.002669 %
163,031 0.002669 % 2 M $
Prumo Capital Gestora Recursos Ltda.
0.002341 %
143,000 0.002341 % 2 M $
Absolute Gestão de Investimentos Ltda.
0.001749 %
106,841 0.001749 % 1 M $
Fact Investments Gestão De Recursos Ltda.
0.001637 %
100,000 0.001637 % 1 M $

Company contact information

MercadoLibre, Inc.

WTC Free Zone Dr. Luis Bonavita 1294

11300, Montevideo

+598 2 927 2770

http://www.mercadolibre.com
address MercadoLibre, Inc.(MELI)

Group companies

NameCategory and Sector
Catalog/Specialty Distribution
MercadoLibre Chile Ltda.
MercadoLibre S de RL de CV
MercadoLibre Colombia Ltda.
Meli Uruguay SRL
Mercado Lending SA de CV
Deremate.com de Mexico S de RL de CV

Sales per Business

Sales per region

Trading Rating
Investor Rating
ESG Refinitiv
B
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
24
Last Close Price
1,523 USD
Average target price
1,947 USD
Spread / Average Target
+27.85%
Consensus