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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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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.
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.
Feb 1, 2024 · As U.S. and Asian competitors vie for Latin America’s red-hot e-commerce market, and regional politics poses risks to its business, Galperin keeps pushing MercadoLibre into new sectors, from...
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
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.
Mar 3, 2021 · Mercadolibre (lit. “free market”) was founded in Argentina back in 1999, as an online consumer-to-consumer marketplace for pre-owned goods. 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.
Mar 21, 2023 · Mercado Libre was created in Buenos Aires, Argentina in 1999 by Marcos Galperín, a manager who developed the idea of retail while studying for a master’s degree at Stanford University, so he joined forces with Stelleo Passos Tolda and Hernán Kazah.
