MercadoLibre, Inc.

MercadoLibre, Inc. is the leading online commerce and financial technology (fintech) ecosystem in Latin America. The company's e-commerce platform leads the region based on gross merchandise volume (GMV), and its fintech platform is the leader in monthly active users (MAUs) among fintech companies in Argentina, Chile, and Mexico, and the second largest in Brazil. MercadoLibre's e-commerce platform operates in 18 countries: Argentina, Brazil, Mexico, Chile, Colombia, Peru, Uruguay, Venezuela (deconsolidated since December 2017), Bolivia, Costa Rica, Dominican Republic, Ecuador, Guatemala, Honduras, Nicaragua, Panama, Paraguay, and El Salvador. Its fintech platform, Mercado Pago, is present in 8 countries: Argentina, Brazil, Mexico, Chile, Colombia, Peru, Uruguay, and Ecuador. The company offers an ecosystem of integrated e-commerce and digital financial services, including the Mercado Libre Marketplace, the Mercado Pago fintech platform, the Mercado Envios logistics service, the Mercado Ads solution, and the Mercado Libre Classifieds service. The Mercado Libre Marketplace is an online commerce platform accessible via mobile app or website. Third-party sellers (3P) generate most of the GMV on the Marketplace. The company also sells directly to consumers on a first-party basis (1P) in selected categories, accounting for less than 10% of GMV.