Mercadolibre, Inc. Approves Appointment of Marcos Galperin as Class III Director
June 18, 2013 at 04:01 pm EDT
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Mercadolibre, Inc. at its Annual Meeting of Stockholders held on June 14, 2013, approved appointment of Marcos Galperin as Class III Director of the company.
MercadoLibre, Inc. is the leading online marketplace in Latin America. The group operates an IT platform enabling individuals and professionals to carry out their purchasing and selling transactions for goods and services. The activity is organized around 5 areas:
- operation of online trading platforms;
- online payment services: services provided through the MercadoPago platform;
- shipping services: services provided through the MercadoEnvios platform;
- development of classified ad sites;
- other: e-commerce software development, advertising services, etc.
Net sales are distributed geographically as follows: Brazil (53.8%), Argentina (23.7%), Mexico (17.7%) and other (4.8%).