Mercadolibre Inc

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Mercadolibre Inc (MLB1) Price Performance

Mercadolibre Inc (MLB1) trades on XETRA (Frankfurt) in EUR. The company is classified in the Consumer Cyclical sector under the Internet Retail industry. The stock currently trades at EUR1402.80, down 2.19% from the previous close.

Over the past year, MLB1 has traded between a low of EUR1402.80 and a high of EUR2330.00. The stock has lost 28.3% over this period. It is currently 39.8% below its 52-week high.

Mercadolibre Inc has a market capitalization of $75.89B, with a price-to-earnings ratio of 42.38.

About Mercadolibre Inc

MercadoLibre, Inc. operates online commerce platforms in Brazil, Mexico, Argentina, and internationally. The company operates Mercado Libre Marketplace, an online commerce platform that can be accessed through mobile app or website; and Mercado Pago, a financial technology solution platform, which offers comprehensive set of financial technology services to users and other users of its e-commerce platform. It also provides Mercado Fondo that allows users to invest funds deposited in their Mercado Pago accounts; Mercado Credito, which grants loans and obtains better funding alternatives; and Mercado Mercado Envios that facilitates the shipping of goods from the Company and sellers to buyers. In addition, the company provides Mercado Libre Classifieds, where users can list vehicles, properties, and services; Mercado Ads, an advertising platform, which enables retailers and brands to promote their products and services on the platform. MercadoLibre, Inc. was incorporated in 1999 and is headquartered in Montevideo, Uruguay.