Company MercadoLibre, Inc. Buenos Aires S.E.

Equities

MELI

ARDEUT116175

Internet Services

End-of-day quote Buenos Aires S.E. 23:00:00 30/05/2024 BST 5-day change 1st Jan Change
17,936 ARS +3.95% Intraday chart for MercadoLibre, Inc. +2.98% +40.16%

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 14/10/99
Director of Finance/CFO 54 31/12/07
Chief Operating Officer 46 29/02/00
Corporate Officer/Principal - 31/12/20
Corporate Officer/Principal 57 31/12/19
Corporate Officer/Principal 42 30/04/17
General Counsel - -
Comptroller/Controller/Auditor 53 31/03/08
Corporate Officer/Principal 52 31/12/99

Members of the board

Members of the board TitleAgeSince
Director/Board Member 71 31/03/12
Director/Board Member 51 31/07/07
Director/Board Member 55 31/12/98
Director/Board Member 88 30/04/08
Director/Board Member 52 08/02/22
Chief Executive Officer 51 14/10/99
Director of Finance/CFO 54 31/12/07
Director/Board Member 55 12/01/17
Director/Board Member 28 31/12/20
Director/Board Member 49 31/12/21

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 50,922,387 46,992,251 ( 92.28 %) 224,945 ( 0.4417 %) 92.28 %

Shareholders

NameEquities%Valuation
Baillie Gifford & Co.
9.935 %
5,036,761 9.935 % 6 869 M $
Galperin Trust
7.200 %
3,650,136 7.200 % 4 978 M $
Capital Research & Management Co. (Global Investors)
4.655 %
2,359,993 4.655 % 3 219 M $
Eaton Vance Management
4.113 %
2,085,094 4.113 % 2 844 M $
JPMorgan Investment Management, Inc.
4.087 %
2,072,062 4.087 % 2 826 M $
Jennison Associates LLC
3.546 %
1,797,484 3.546 % 2 451 M $
Capital Research & Management Co. (International Investors)
2.012 %
1,019,889 2.012 % 1 391 M $
WCM Investment Management LLC
1.761 %
892,590 1.761 % 1 217 M $
Sands Capital Management LLC
1.689 %
856,065 1.689 % 1 168 M $
Capital Research & Management Co. (World Investors)
1.668 %
845,749 1.668 % 1 153 M $
NameEquities%Valuation
BTG Pactual WM Gestão de Recursos Ltda.
0.004412 %
269,484 0.004412 % 3 M $
Morgan Stanley Administradora de Carteiras SA
0.004230 %
258,401 0.004230 % 3 M $
Banco Santander Brasil SA (Private Banking)
0.003311 %
202,252 0.003311 % 2 M $
BB Gestão de Recursos DTVM SA
0.002069 %
126,400 0.002069 % 2 M $
Bram Bradesco Asset Management S/A DTVM
0.001952 %
119,250 0.001952 % 1 M $
Santander Brasil Gestão de Recursos Ltda.
0.001904 %
116,319 0.001904 % 1 M $
Prumo Capital Gestora Recursos Ltda.
0.001850 %
113,000 0.001850 % 1 M $
Navi Capital Adm E Gestora De Recursos Financeiros Ltda.
0.001673 %
102,201 0.001673 % 1 M $
Fact Investments Gestão De Recursos Ltda.
0.001637 %
100,000 0.001637 % 1 M $
Empiricus Gestao De Recursos Ltda.
0.001620 %
98,969 0.001620 % 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
Deremate.com de Mexico S de RL de CV
Mercado Lending SA de CV
Meli Uruguay SRL
MercadoLibre Chile Ltda.
MercadoLibre S de RL de CV
MercadoLibre Colombia Ltda.
Catalog/Specialty Distribution

Sales per Business

Sales per region

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
23
Last Close Price
1,726 USD
Average target price
1,960 USD
Spread / Average Target
+13.58%
Consensus