MercadoLibre

MercadoLibre operates the largest online commerce platform in Latin America, connecting over 218 million active users with approximately 1 million sellers across 18 countries. The company provides an automated marketplace where businesses and individuals can list and sell products in both fixed-price and auction formats. Complementing its marketplace, MercadoLibre offers a range of financial technology solutions, including MercadoPago for online payments and MercadoCredito for lending services. Additionally, it features MercadoEnvios, a logistics solution that integrates with third-party carriers to facilitate shipping, and MercadoShops, which allows users to create and manage their own online stores. The company also includes services like MercadoLibre Classifieds for vehicle and real estate listings and MercadoLibre Advertising for brand promotion. Founded in 1999 and headquartered in Buenos Aires, Argentina, MercadoLibre continues to expand its offerings to enhance the e-commerce experience in the region.

Andre Chaves

Senior Vice President and Head of Mercado Pago Brazil

Martin de los Santos

CFO

Past deals in Argentina

Digital House

Venture Round in 2021
Digital House is a coding school founded in 2015 and located in Buenos Aires, Argentina. The institution focuses on training new generations of coders and digital professionals, equipping them with the skills needed to innovate and create in the technology sector. Through a range of technology and coding courses, Digital House aims to foster creativity and technical proficiency among its students, preparing them for careers in the digital landscape.

Lagash

Acquisition in 2020
Lagash is a provider of logistics and digital services in Argentina, Chile, Colombia, Mexico, and Uruguay. The company focuses on helping clients overcome challenges by delivering innovative solutions that enhance their business potential. Its offerings encompass business growth strategies, strategic innovation, software consulting, big data services, and software development. By combining innovation and engineering, Lagash aims to create customized solutions that not only meet but exceed customer expectations.

Machinalis

Acquisition in 2018
Machinalis S.r.l, founded in 2009 and based in Córdoba, Argentina, specializes in developing machine learning software for the retail and e-commerce sectors. The company provides tailored computer science and engineering solutions, assisting funded startups in rebuilding existing products, launching new ones, or creating functional prototypes. By integrating machine learning capabilities with client databases, Machinalis enables businesses to capture statistical data and optimize key performance indicators such as conversion rates and product visibility. As of September 2018, Machinalis operates as a subsidiary of MercadoLibre, Inc.

Monits

Acquisition in 2016
Monits SA designs and develops software for mobile devices. The company is based in Buenos Aires, Argentina. As of February 12, 2016, Monits SA operates as a subsidiary of Marketplace Investment LLC and Meli Participaciones S.L.

Mango

Acquisition in 2016
Mango is a simple, easy-to-implement and beautifully designed set of solutions to accept payments online in Latin America. Their goal is to help the e-commerce growth in the region, by allowing businesses and developers in Latin America to easily solve the hurdles that online/mobile payments integration represent. To learn more, visit Mango at https://getmango.com and on Twitter @getmango.

DeRemate

Acquisition in 2008
DeRemate operates as an online consumer-to-consumer trading platform in Latin America, enabling users to buy and sell a diverse range of products and services. Established in 1999 and headquartered in Buenos Aires, Argentina, the platform features both an interactive auction system and a fixed price option. Users can trade items such as electronics, music, collectibles, travel services, toys, automobiles, food, and real estate. Additionally, DeRemate manages DePagos.com, a payment platform that facilitates online transactions. The company has a presence in several countries, including the United States, Argentina, Brazil, Chile, and Mexico. As of 2008, it operates as a subsidiary of Mercadolibre, Inc.
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