MercadoLibre(MercadoLivre 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.
MercadoLibre 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.
MercadoLibre runs MercadoPago, a safety payment system. Payments processed in 2016 Q3 it surpassed MercadoLibre marketplace sales.
They sell in: Argentina, Bolivia, Brasil, Chile, Colombia, Costa Rica, Dominicana, Ecuador, Guatemala, Honduras, México, Nicaragua, Panamá, Paraguay, Perú, Portugal, Salvador, Uruguay, and Venezuela.