Mercadolibre is the largest e-commerce platform in Latin America, By Marcos galpalin (Marcos Galperin) was founded in Uruguay in 1999. Since its inception, the company has received US $7.6 million financing from investors including JPMorgan. The company was listed on NASDAQ in 2007. By 2013, eBay and Baillie Gifford have become the two major controlling parties of mercadolibre. As of 2013, mercadolibre has carried out business in 12 countries such as Argentina, Brazil, Chile, Portugal and the United States Business, with more than 90 million registered users and more than 2000 employees. Mercadolibre has established four e-commerce solutions, namely, mercadolibre - electronic market, mercadopago - online payment solution, mercadoclics - online advertising solution, and mercadoshops - online store solution (which are similar to many products of Ali's mother).
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