Mercado libre

Hot trends from Google Plus Search

Mercado libre

Postby BlueWater on Mon Sep 26, 2011 7:14 pm

What's Mercadolibre

MercadoLibre.com (literally "free market" in Spanish) is a website dedicated to e-commerce and online auctions. MercadoLibre is Latin America's number-one e-commerce site.

History

MercadoLibre was established in August of 1999 in Argentina and rapidly expanded to Brazil (as MercadoLivre.com), MercadoLibre received funding from JPMorgan Partners, Flatiron Partners, Hicks Muse Tate and Furst, Goldman Sachs, GE Capital.In September 2001 eBay acquired 19.5% of MercadoLibre in exchange for eBay's recently acquired Brazilian subsidiary of Ibazar.com.br.

In 1999, MercadoLibre was chosen to be an Endeavor (non-profit) Entrepreneur.In November 2005, MercadoLibre acquired 8 DeRemate's operations (till then, DeRemate (or Arremate.com in Brazil) was MercadoLibre main competitor in the region.

In August 2008, MercadoLibre acquired the remnant DeRemate operations, including: DeReto Colombia, DeReto Mexico and Arremate.com (Brazil).

In 2010, MercadoLibre.com launched new operations in Portugal History in Spanish.
Attachments
mercadolibre.jpg
mercadolibre.jpg (10.16 ) Viewed 1220 times
images.jpg
images.jpg (5.57 ) Viewed 1219 times
User avatar
BlueWater
 
Posts: 402
Joined: Sun Sep 11, 2011 8:41 pm

More about Mercado libre

Postby BlueWater on Mon Sep 26, 2011 7:27 pm

MercadoLibre works in the same way as eBay does.But the main selling option MercadoLibre's community use is fixed price (80%).The seller offers a product at a fixed price and the first buyer who offers that amount, gets the product.There are various methods of paying, such as "MercadoPago",When sending money to a seller, the customer puts his or her trust in the seller to send the item.

MercadoLibre have safety payment system called MercadoPago.When adding MercadoPago in its listings, sellers allow buyers to choose among many payment alternative methods.

Futhermore,MercadoLibre have Partners Program called MercadoSocios,which allows small, medium and large websites to accumulate benefits through MercadoLibre's online promotion.

Currently the company support area lacks knowledgeable people regarding the laws of the countries they sell in. Although they have people that would contact you within 24 hours if an issue arises, the people or support desk will not provide support to sellers that have proper documentation to sell new imported item.
User avatar
BlueWater
 
Posts: 402
Joined: Sun Sep 11, 2011 8:41 pm

Mercado libre

Postby BlueWater on Mon Sep 26, 2011 7:34 pm

Source:http://www.marketintelligencecenter.com/analyfav/1303495

Mercadolibre (NASDAQ:MELI) closed Thursday's unfavorable trading session at $60.68. In the past year, the stock has hit a 52-week low of $56.60 and 52-week high of $92.73. Mercadolibre (MELI) stock has been showing support around $56.09 and resistance in the $64.53 range. Technical indicators for the stock are Bearish.

Source:http://www.investors.com/NewsAndAnalysis/Article/585550/201109211815/MercadoLibre-Acting-Like-A-Fallen-Leader.htm

The chart of MercadoLibre (MELI) shows behavior the past few months that is much like that of a former leader who has run its course...

Source:http://www.localizedusa.com/2011/09/09/mercadolibre-meli-share-price-target-cut-to-83-00-by-analysts-at-jpmorgan-chase-co-jpm/

Equities research analysts at JPMorgan Chase & Co. (NYSE: JPM) lowered their price target on shares of MercadoLibre (NASDAQ: MELI) to $83.00 in a research issued note to investors on Friday.

Separately, analysts at Bank of America Merrill Lynch upgraded shares of MercadoLibre from an “underperform” rating to a “neutral” rating in a research note to investors on Friday, August 12nd
User avatar
BlueWater
 
Posts: 402
Joined: Sun Sep 11, 2011 8:41 pm


Return to Google Plus Search

Who is online

Users browsing this forum: No registered users and 1 guest

cron