Mercado Libre

Mercado Libre

Mercado Libre (Mercado Livre in Portuguese) is an Argentine online marketplace dedicated to e-commerce and online auctions. It is Latin America's most popular e-commerce site by number of visitors.

Mercado Libre was launched in August 1999 in Argentina and rapidly expanded to Brazil, Mexico and other South American countries. Marcos Galperin, current CEO, began the company while still in business school at Stanford University.

Mercado Libre runs Mercado Pago, a safety payment system. Payments processed in 2016 Q3 it surpassed MercadoLibre marketplace sales.

They run 19 marketplaces in Argentina, Brazil, Mexico, Uruguay, Colombia, Venezuela, Chile, Ecuador, Peru, Costa Rica, Dominican Republic, Panama, Portugal, Bolivia, Guatemala, Paraguay, Nicaragua, Honduras, and Salvador.

CountryLaunch DateMercadoPago launchMercadoEnvios launch
ArgentinaAugust 1999November 2003February 2013
BrazilOctober 1999January 2004January 2013
MexicoNovember 1999January 2004October 2014
UruguayDecember 1999November 2016N/A
ColombiaFebruary 2000December 2007May 2015
VenezuelaMarch 2000April 2005February 2016
ChileMarch 2000September 2007N/A
EcuadorDecember 2000N/AN/A
PeruDecember 2004June 2016N/A
Costa RicaNovember 2006N/AN/A
Dominican RepublicDecember 2006N/AN/A
PanamaDecember 2006N/AN/A
PortugalJanuary 2010N/AN/A
BoliviaJuly 2015N/AN/A
GuatemalaJuly 2015N/AN/A
ParaguayNovember 2015N/AN/A
NicaraguaMarch 2016N/AN/A
HondurasMarch 2016N/AN/A
SalvadorMarch 2016N/AN/A
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