Mercado Libre has operations in Argentina, Bolivia, Brazil, Chile, Colombia, Costa Rica, Dominican Republic, Mexico, Spain, Ecuador, Guatemala, Honduras, Peru, Panama, Uruguay, and Venezuela.
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13 Facts About Mercado Libre
2.
Mercado Libre acquired funding from John Muse, co-founder of HM Capital Partners.
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3.
Mercado Libre received additional funding from JPMorgan Partners, Flatiron Partners, Goldman Sachs, GE Capital, and Banco Santander Central Hispano.
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4.
In 2013, Mercado Libre launched the MeLi Commerce Fund, dedicated to investing in technology startups that create software using Mercado Libre's APIs.
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5.
Mercado Libre acquired Portal Inmobiliario, a Chilean classified ad website, in 2014.
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7.
In March 2016, Mercado Libre announced its expansion into Cordoba, Argentina with its new software center.
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8.
Mercado Libre opened its first Colombian office in Bogota in October 2016.
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11.
MarketPlace is its platform for users to sell products, Mercado Pago is its payment platform for online sales, Mercado Publicado is the advertising portion of Mercado Libre, Mercado Shops is a tool designed to enhance the platform's overall ecosystem, and Mercado Credito is the company's credit line.
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12.
Mercado Libre's MarketPlace is a platform designed to match buyers and sellers.
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13.
Mercado Libre launched MercadoPago, a secure payment system, to diversify payment options.
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