mercadolibre

mercadolibre is the largest e-commerce platform in Latin America, founded by Marcos Galperin in 1999 in Uruguay, the company was listed on the NASDAQ in 2007 after receiving $7.6 million in financing from investors including jp Morgan at its inception. By 2013, EBay and Baillie Gifford were the two controlling owners of mercadolibre. As of 2013, mercadolibre operated in 12 countries, including Argentina, Brazil, Chile, Portugal, and the United States, with more than 90 million registered users and more than 2,000 employees. mercadolibre established four major e-commerce solutions, Mercadolibre- - e-marketplace, MercadoPago - online payment solution, MercadoClics - online advertising solution, MercadoShops - an online store solution (which adds up to be more similar to a number of products under the AliMom umbrella).