UK Markets closed

MercadoLibre, Inc. (MELI)

NasdaqGS - NasdaqGS Real-time price. Currency in USD
Add to watchlist
1,513.43+33.07 (+2.23%)
At close: 1:00PM EST

MercadoLibre, Inc.

Arias 3751
7th Floor
Buenos Aires C1430CRG
Argentina
54 11 4640 8000
http://www.mercadolibre.com

Sector(s)Consumer Cyclical
IndustryInternet Retail
Full-time employees9,703

Key executives

NameTitlePayExercisedYear born
Mr. Marcos Eduardo GalperínCo-Founder, Chairman, CEO & Pres11.48MN/A1971
Mr. Pedro ArntExec. VP & CFO2.77MN/A1974
Mr. Stelleo ToldaExec. VP & COO of Bus. Ecosystem2.86MN/A1968
Mr. Osvaldo GiménezExec. VP & CEO of Fintech2.82MN/A1971
Mr. Daniel RabinovichExec. VP & COO of Product & Technology2.9MN/A1978
Mr. Marcelo MelamudChief Accounting Officer & Sr. VPN/AN/A1971
Federico SandlerHead of Investor RelationsN/AN/AN/A
Mr. Jacobo Cohen ImachSr. VP, Gen. Counsel & Sec.N/AN/AN/A
Amounts are as of 31 December 2019, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

MercadoLibre, Inc. operates online commerce platforms in Latin America. It operates MercadoLibre Marketplace, an automated online commerce platform that enables businesses and individuals to list merchandise and conduct sales and purchases online; and MercadoPago FinTech, a financial technology solution platform, which facilitates transactions on and off its marketplaces by providing a mechanism that allows its users to send and receive payments online, and allows merchants to process transactions via their Websites and mobile apps, as well as in their brick-and-mortar stores through QR and mobile points of sale. The company also offers MercadoFondo, an asset management product; and MercadoCredito, a lending solution. In addition, it provides MercadoEnvios logistics solution, which offers its platform technological and operational integration services with third-party carriers and other logistics service providers, as well as fulfillment and warehousing services for sellers. Further, the company provides MercadoLibre Classifieds service that enables users to list their offerings related to motor vehicles, vessels, aircraft, and real estate and services outside the Marketplace platform. Additionally, it offers MercadoLibre Advertising platform, which enables retailers and various other consumer brands to promote their products and services on the Internet by providing branding and performance marketing solutions. The company also provides MercadoShops, a software-as-a-service hosted online store solution that enables users to set-up, manage, and promote their own Webstores. The company was founded in 1999 and is headquartered in Buenos Aires, Argentina.

Corporate governance

MercadoLibre, Inc.’s ISS governance QualityScore as of 1 November 2019 is 7. The pillar scores are Audit: 2; Board: 7; Shareholder rights: 7; Compensation: 6.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.