Last $127.66 USD
Change Today +1.41 / 1.12%
Volume 357.6K
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As of 8:10 PM 01/29/15 All times are local (Market data is delayed by at least 15 minutes).

mercadolibre inc (MELI) Snapshot

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10/31/14 - $144.23
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05/21/14 - $79.52
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mercadolibre inc (MELI) Details

MercadoLibre, Inc. hosts online commerce platforms in Latin America. It offers MercadoLibre Marketplace, an automated online e-commerce service for businesses and individuals to list items and conduct their sales and purchases online in a fixed-price or auction-based format. The company’s MercadoLibre marketplace enables commerce through online classifieds for motor vehicles, vessels, aircraft, services, and real estate; and Internet users to browse through various products that are listed on its Website and to register with MercadoLibre to list, bid for, and purchase items and services. It also provides MercadoLibre Classified solution for users to list their offerings related to vehicles, real estate, and services outside the marketplace platform; and MercadoPago, an integrated online payments solution to facilitate transactions on and off the MercadoLibre marketplace by providing a mechanism that allows its users to send, receive, and finance payments online. In addition, the company offers MercadoClics program that allows retailers, small and medium brands, and various consumer brands to promote their products and services on the Internet; and enables users and advertisers to place display and text advertisements on its Website to promote their brands and offerings. Further, it provides MercadoShops on-line stores solution, a software-as-a-service, which allows users to set-up, manage, and promote their own online Webstores; and MercadoEnvios, a shipping solution for marketplace users. As of December 31, 2013, the company operated online commerce platforms directed towards Argentina, Brazil, Chile, Colombia, Costa Rica, the Dominican Republic, Ecuador, Mexico, Panama, Peru, Portugal, Uruguay, and Venezuela; online payments solutions directed towards Argentina, Brazil, Mexico, Venezuela, Chile, and Colombia; and a real estate classified platform that covers various areas in Florida. The company was founded in 1999 and is headquartered in Buenos Aires, Argentina.

2,171 Employees
Last Reported Date: 03/3/14
Founded in 1999

mercadolibre inc (MELI) Top Compensated Officers

Co-Founder, Chairman, Chief Executive Officer...
Total Annual Compensation: $600.4K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $265.8K
Chief Operating Officer and Executive Vice Pr...
Total Annual Compensation: $265.1K
Executive Vice President of Payments
Total Annual Compensation: $265.8K
Chief Technology Officer and Senior Vice Pres...
Total Annual Compensation: $240.9K
Compensation as of Fiscal Year 2013.

mercadolibre inc (MELI) Key Developments

Mercadolibre, Inc. Presents at Credit Suisse 18th Annual Technology Conference, Dec-02-2014 04:00 PM

Mercadolibre, Inc. Presents at Credit Suisse 18th Annual Technology Conference, Dec-02-2014 04:00 PM. Venue: The Phoenician, 6000 East Camelback Road, Scottsdale, AZ 85251, United States. Speakers: Pedro Arnt, Chief Financial Officer, Principal Accounting Officer and Vice President.

Mercadolibre, Inc. Announces Appointment of Roberto Balls Sallouti as Class III Director

On October 29, 2014, the Board of Directors of MercadoLibre, Inc. upon the recommendation of the Nominating and Corporate Governance Committee of the Board and in accordance with Sections 2.2 and 2.5 of the company's bylaws, approved a resolution increasing the size of the Board to ten directors. Concurrently, the Board unanimously approved the appointment of Roberto Balls Sallouti as a Class III director of the company, effective immediately, subject to re-election at the next annual meeting of stockholders to be held in June 2015. Mr. Sallouti, 42, is a member of the board of directors since 2009 and the chief operating officer since 2008 of Banco BTG Pactual and BTG Pactual Participations. Mr. Sallouti joined Banco BTG Pactual in 1994 and became a partner in 1998. During his career at Banco BTG Pactual, Mr. Sallouti served, as joint head of Brazil local fixed income markets from 1999 to 2003 and as head of the international and emerging markets fixed income division from 2003 to 2006. He also served as a managing director of Banco UBS Pactual from 2006 to 2008, serving at the same period as the joint head of the emerging markets fixed income group and joint head of the Latin America FICC group at UBS AG.

Mercadolibre, Inc. Declares Quarterly Dividend, Payable on January 15, 2015

Mercadolibre, Inc. declared a quarterly dividend of $0.166 per share, payable on January 15, 2015 to shareholders of record as of the close of business on December 31, 2014.


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