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13 Facts About Mercado Pago

1.

Mercado Pago 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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2.

Mercado Pago acquired funding from John Muse, co-founder of HM Capital Partners.

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3.

Mercado Pago 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 Pago Libre launched the MeLi Commerce Fund, dedicated to investing in technology startups that create software using Mercado Pago Libre's APIs.

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5.

Mercado Pago Libre acquired Portal Inmobiliario, a Chilean classified ad website, in 2014.

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6.

In 2016, Mercado Pago Libre relocated its Brazilian headquarters to new offices in Sao Paulo, Brazil.

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7.

In March 2016, Mercado Pago Libre announced its expansion into Cordoba, Argentina with its new software center.

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8.

Mercado Pago Libre opened its first Colombian office in Bogota in October 2016.

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9.

In 2019, Mercado Pago Libre opened its first distribution centers in Argentina, Brazil and Mexico.

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10.

In March 2020, Mercado Pago Libre announced its new distribution centers in Chile and Colombia.

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11.

In June 2020, Mercado Pago Libre announced its new software center in Colombia.

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12.

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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13.

Mercado Pago Libre's MarketPlace is a platform designed to match buyers and sellers.

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