MercadoLibre, Inc. (MELI)

MercadoLibre, Inc. is a leading e-commerce company in Latin America, akin to the Amazon of the region. Founded in 1999 by Marcos Galperin, who served as the CEO until he stepped down in 2020, the company has its headquarters in Buenos Aires, Argentina. MercadoLibre operates an online marketplace, known for facilitating buying, selling, and payments. The platform has become a central hub for millions of users in countries such as Brazil, Argentina, Mexico, and more. Over the years, it has expanded to include financial services through its payment solution, MercadoPago, which offers a variety of digital payment solutions. The company's growth has been impressive, with reported revenues surpassing $7 billion in recent years, as it continues to develop its ecosystem to address diverse consumer needs across the continent. MercadoLibre is publicly traded on NASDAQ under the ticker symbol "MELI." With its steadfast dedication to innovation and customer service, it remains at the forefront of the e-commerce landscape in Latin America.