MercadoLibre, Inc. is the leading online marketplace in Latin America and has received positive outlooks from UBS.
The company operates a comprehensive information technology platform that enables individuals and professionals to buy and sell goods and services across the region.
The business is divided into five key areas: management of online trading platforms, online payment services through MercadoPago, shipping services via MercadoEnvios, development of classifieds sites, and additional services including e-commerce software and advertising.
Net sales are primarily generated from Brazil (52.5%), followed by Argentina (22.4%), Mexico (20.6%), and other regions (4.5%).