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- Galperin wanted to be the leader in retailer and financial service provider in Latin America. To do this, especially with Amazon’s rapid expansion, Galperin anticipated that Mercado Libre would likely lose money in the short-term as it increased expenditures. Galperin and his team were playing the long game.
www.gsb.stanford.edu/faculty-research/case-studies/rise-mercado-libreThe Rise of Mercado Libre | Stanford Graduate School of Business
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Jun 20, 2023 · In 1999, inspired by the global success of eBay, Marcos Galperin, a Stanford University graduate from Argentina, embarked on a mission to create an online marketplace that would revolutionize Latin America's e-commerce landscape.
Nov 23, 2020 · Captured on camera at a New Year’s Eve party at the turn of the millennium, Marcos Galperín confidently declared that the dotcom start-up he had co-founded just five months earlier would become...
Marcos Galperin, a graduate of Stanford Graduate School of Business, founded Mercado Libre in 1999 with a vision to build an e-commerce company focused on serving the nascent but fast- growing Spanish and Portuguese-speaking markets in Latin America.
Feb 1, 2024 · Galperin was convinced that an eBay-type platform would explode in Latin America, where problems with retail ran deeper than a lack of web applications. Brick-and-mortar retail was available only ...
Sep 24, 2019 · Almost 20 years have passed since Marcos Galperín founded Mercado Libre - his original idea was to call it Libre Mercado - and his speech went from wanting to "be the largest online auction company" to raising the banner of the democratization of money and commerce.
Nov 27, 2017 · MercadoLibre, Latin America’s answer to eBay, which he founded in 1999 after losing his job at Argentina’s state energy company, YPF, has overtaken his former employer to become that country’s...
May 19, 2015 · It is a long way from the garage of his family’s leather business, where the operations of MercadoLibre — “free market” — began. It was just before the dotcom bubble burst in 2000, which could...
