Mercado Libre

Founded in August 2, 1999. In August 2007, Mercado Libre became the first Latin American technology company to be listed on the NASDAQ, under the ticker MELI. Mercado Libre acquired competitor DeRemate’s operations in August 2008. Mercado Libre also acquired Classified Media Group (CMG) in 2008. CMG established the Latin American e-commerce portals and

In 2011, the company transitioned its platform to open source technology. The transition allowed application interface developers (APIs) to expand the platform’s solutions and services. In 2013, MercadoLibre launched the MeLi Commerce Fund, dedicated to investing in technology startups that create software using Mercado Libre’s APIs. By August 2016, the fund had invested $1.5 million in 15 companies in Argentina, Brazil and Mexico. Mercado Libre acquired Portal Inmobiliario, a Chilean classified ad website, in 2014. In 2015, Mercado Libre announced its acquisition of Metroscú, the portal of Mexico-based real estate company Grupo Expansión.

In 2016, Mercado Libre relocated its Brazilian headquarters to new offices in São Paulo, Brazil. The 17,000 square meter complex, named Melicidade, held a cafeteria, auditorium, gym, beauty parlor, meeting and training rooms, and a recreation area. In March 2016, Mercado Libre announced its expansion into Córdoba, Argentina with its new software center. Mercado Libre opened its first Colombian office in Bogotá in October 2016. It was the company’s fourth customer service center in Latin America. The company’s other customer service centers are in Argentina, Brazil and Uruguay.

Buenos Aires, Argentina

Project Specs
9 Stories
280,000 sqft
2,130 Workstations

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