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Feb 1, 2024 · Galperin says that the possibility of punishing days ahead evokes his early vision for MercadoLibre—to serve customers living on informal salaries or without ready access to goods.
Oct 22, 2020 · When Marcos Galperin founded Mercado Libre in 1999, less than 3% of the population of Latin America was online. But the Argentine’s e-commerce platform flourished as the region became more...
- Ciara Nugent
MercadoLibre's growth accelerated during the pandemic and the company has built on those gains this year. "We basically doubled during Covid, during those two years — 2021 and 2020," said Chief...
Jun 20, 2023 · Marcos Galperin was only 28 years old when MercadoLibre went public, making him one of the youngest CEOs to take a Latin American tech company public. With its sights set on growth, MercadoLibre expanded its operations beyond its home base in Argentina.
Mar 3, 2021 · While pursuing his MBA at Stanford, founder Marcos Galperin got inspired by the success eBay had had in the US and saw the opportunity to replicate eBay’s business model in Latin America. The original team worked in a small garage below a commercial building and was able to launch the bidding-based site after just a couple months.
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.
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Feb 1, 2024 · Galperin says that the possibility of punishing days ahead evokes his early vision for MercadoLibre—to serve customers living on informal salaries or without ready access to goods.
