When was MercadoLibre founded?

MercadoLibre was founded in 1999 and raised its 1st funding round 8 years after it was founded.

Where is MercadoLibre located?

MercadoLibre is headquartered in Buenos Aires, Argentina.

Who is the current CEO of MercadoLibre?

Marcos Galperin of MercadoLibre. They have also founded 1 company and are angel investors in 7 startups, including Mercado Libre.

How many employees does MercadoLibre have?

As of Jun 30, 2026, the latest employee count at MercadoLibre is 67737.

Is MercadoLibre a funded company?

MercadoLibre is a funded company, having raised an undisclosed amount across 2 funding rounds to date. The company's 1st funding round was a $***** Post IPO round, raised on Aug 15, 2007.

When was the latest funding round of MercadoLibre?

MercadoLibre's latest funding was a $***** Post IPO round on Mar 2019, with participation from 1 investor.

What is the annual revenue of MercadoLibre?

Annual revenue of MercadoLibre is more than $1B as on Dec 31, 2025

Where does MercadoLibre rank among its competitors?

MercadoLibre ranks 1st amongst 11 active competitors, none of which are funded.

Who are the top competitors of MercadoLibre?

MercadoLibre's top competitors include Next, OpenLar and Click Space. Among them, MercadoLibre secured the most recent funding round in March, 2019.

MercadoLibre - 2026 Company Profile, Team, Funding, Competitors & Financials

MercadoLibre is a public company based in Buenos Aires (Argentina), founded in 1999 by Marcos Galperin and Stelleo Passos Tolda. It operates as an Online retailer of various products with shipping services available. MercadoLibre has raised an undisclosed amount in funding. The company has 11 active competitors, including 2 that have exited. Its top competitors include companies like Next, OpenLar and Click Space.

Company Details

Online retailer of various products with shipping services available. It provides a platform for purchasing diverse goods. The company facilitates the delivery of purchased items.

Website: mercadolibre.com
Social

Key Metrics

Founded Year

1999

Location

Buenos Aires, Argentina

Stage

Public

Latest Funding Round

Post IPO, Mar 2019, $*****

Investors

Ringway Capital & 4 more

Ranked

1^st among 11 active competitors

Annual Revenue

$1B+ as on Dec 31, 2025

Employee Count

67,737 as on Jun 30, 2026

Investment & Acquisitions

CXC & 31 more

Similar Companies

Lazada & 1074 more

Exit Details

Public

View MercadoLibre's full profile

MercadoLibre is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Mercado libre CIN: 50203221551 , Latvia, Active	Jul 23, 2019	€1M - €10M (As on Dec 31, 2024)	8 (As on Dec 31, 2023)	-
MERCADOLIBRE INC CIN: 1099590 , United States, Active	May 10, 2007	$1B+ (As on Dec 31, 2025)	-	-

MercadoLibre got listed on Aug 10, 2007.

Click here to take a look at MercadoLibre's IPO in detail

MercadoLibre has raised funding over 2 rounds. Its first funding round was on Aug 15, 2007. Its latest funding round was a Post IPO round on Mar 2019 for $*****. 1 investor participated in its latest round. MercadoLibre has 5 institutional investors.

Here is the list of recent funding rounds of MercadoLibre:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 2019	9536998	Post IPO	1893560	2306793	4746831	9759611
Aug 15, 2007	9500381	Post IPO	7484733	2296874	1277135	General Atlantic

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View details of MercadoLibre's funding rounds and investors

The founders of MercadoLibre are Marcos Galperin and Stelleo Passos Tolda. Marcos Galperin is the CEO of MercadoLibre.

Here are the details of MercadoLibre's key team members:

Marcos Galperin: Co-Founder & CEO of MercadoLibre and founder of 1 other company. They are also an angel investor in 7 startups and serve on the board of 1 company.
Contact Info: 1 email address
Stelleo Passos Tolda: Former Co-Founder of MercadoLibre.

View details of MercadoLibre's Founder profiles and Board Members

MercadoLibre's employee count trend

MercadoLibre has 67,737 employees as of Jun 26. Here is MercadoLibre's employee count trend over the years:

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Top competitors of MercadoLibre include Next, OpenLar and Click Space. Here is the list of Top 10 competitors of MercadoLibre, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	MercadoLibre 1999, Buenos Aires (Argentina), Public	Online retailer of various products with shipping services available	-	Ringway Capital, Axia Ventures & 3 others	84/100
2nd	Next 1982, Leicester (United Kingdom), Public	Online retailer of apparel, accessories, homeware, beauty, and furniture	-	Western Technology Investment, Bridgepoint Group ... & 1 others	69/100
3rd	OpenLar 2019, Vila Velha (Brazil), Unfunded	Online retailer offering multi-category products	-	-	24/100
4th	Click Space 2017, Ibitinga (Brazil), Funding Raised	E-commerce platform offering multi-category products	-	-	24/100
5th	Precolandia Sao Paulo (Brazil), Unfunded	Online retailer of kitchenware, appliances, home goods, and stationery	-	-	23/100
6th	Nohall 2015, Barra Mansa (Brazil), Unfunded	Online retailer of sneakers, shorts, t-shirts, and accessories	-	-	22/100
7th	Baroni Engenharia 1991, Porto Alegre (Brazil), Unfunded	Online retailer of computer hardware, peripherals, and electronic components	-	-	20/100
8th	Tu Hogar Online 2020, Colombia, Unfunded	Online retailer of home goods including bedding, bath, and décor	-	-	16/100
9th	Prestaxshop 2021, San Isidro (Peru), Unfunded	Online retail platform offering multi-category products on installments	-	-	16/100
10th	Bitsfo 2014, Mexico, Unfunded	Online retailer of electronics, accessories, clothing, and home and garden	-	-	16/100

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MercadoLibre has made 24 investments in companies including CXC and Felix. MercadoLibre has also acquired 8 companies including Redelcom and Kangu Technology.

Here is the list of investments & acquisitions:

Filter this list

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Aug 15, 2024	Investments	CXC	2005	Mexico City (Mexico)
May 28, 2024	Investments	Felix	2020	San Francisco (United States)
Feb 21, 2024	Investments	Simetrik	2008	Bogota (Colombia)