About MELI

Our Presence

126 million

Unique Buyers LTM as of Q1'26

2.7 billion

Items delivered LTM as of Q1'26

83 million

Monthly Active Users (MAUs) as of Q1'26

Discover MELI's Ecosystem

We have built a trusted, agile and people-centric ecosystem that is formed by Mercado Libre, our commerce business, and Mercado Pago, our Fintech.

Commerce

Mercado Libre’s mission is to democratize commerce in Latin America through technology. Over the past 20 years, our e-commerce platform has evolved into a complete solution, offering a wide range of products from millions of sellers—including small businesses and major brands. We also operate a first-party business that complements our marketplace offerings. We focus on continuously improving the user experience and our value proposition to drive the development of online retail

Advertising

Mercado Libre has built proprietary advertising solutions that enable sellers and brands to reach millions of qualified buyers at different stages of the shopping journey, supported by our unparalleled first-party data. Our priority is to strike the right balance between return on investment for sellers, product relevance for buyers, and monetization for Mercado Libre

Logistics

Mercado Libre’s logistics network is one of our strongest competitive advantages. We deliver a world-class experience for buyers, driving greater traffic, conversion, and sales for sellers, along with higher NPS and improved cost efficiency. We continue to innovate and offer multiple delivery options, such as Next Day Delivery, Meli Delivery Day, and Meli Places

Acquiring

Mercado Pago serves merchants with a wide range of payment solutions tailored to different needs, such as mPOS, QR payments, and Merchant Services. Bundling products and services is key to being the preferred choice for our sellers, combining receivables anticipation/discounting with the power of our ecosystem to better serve merchants

Fintech Services

From digital accounts to insurance, Mercado Pago serves both sides of financial transactions with user-friendly, accessible solutions. We also offer credit to consumers and merchants, leveraging competitive advantages in underwriting and distribution. Credit is an important driver of engagement, and since launching our credit offering, we have served millions of users

Get to Know Our Business Units

Our Management Team

Ariel Szarfsztejn

CHIEF EXECUTIVE OFFICER

Ariel Szarfsztejn

Commerce President at MercadoLibre since January 2024, he previously served as Executive Vice President of Commerce from January 2022. He joined MercadoLibre in 2017 as VP of Strategy and Corporate Development and led Mercado Envios from 2018 to 2021. Before MercadoLibre, he managed the hotels business unit at Despegar and worked on strategy at Boston Consulting Group. He holds a Cum-Laude degree in Economics from the University of Buenos Aires and an M.B.A. from Stanford

Martin de los Santos

CHIEF FINANCIAL OFFICER

Martin de los Santos

Executive Vice President and Chief Financial Officer of MercadoLibre since January 2024. He previously served as Senior Vice President and CFO from August 2023 and joined MercadoLibre in 2013 as Vice President of Strategy. Between 2017 and 2023, he was the Senior VP of Mercado Crédito. His prior experience includes roles at Vostu, IMPSA, Merrill Lynch, McKinsey, and Goldman Sachs. He holds an M.B.A. from Stanford and a B.S. from UNC Chapel Hill.

Osvaldo Giménez

FINTECH PRESIDENT

Osvaldo Giménez

Fintech President since August 2020, he previously managed Mercado Pago operations from February 2004 and joined MercadoLibre in January 2000 as country manager for Argentina and Chile. Before that, he was an associate at Booz Allen & Hamilton and worked at Santander Investments in New York. He holds an M.B.A. from Stanford University and a B.S. in Industrial Engineering from the Buenos Aires Technological Institute

Juan Martin de la Serna

EXECUTIVE VICE PRESIDENT OF CORPORATE AFFAIRS

Juan Martin de la Serna

Executive Vice President in charge of Corporate Affairs and has been President of our Argentina business since 2020. He previously served as Business Development Manager (1999-2001), Head of Category Management (2001-2004), Country Manager for Argentina and other countries (2004-2012), and Senior VP of Mercado Envíos (2012-2020). He has over 10 years of experience in financial markets and graduated in Economics from the University of Buenos Aires

Sean Summers

CHIEF MARKETING OFFICER & EVP ADVERTISING

Daniel Rabinovich

CHIEF OPERATING OFFICER

Daniel Rabinovich

Chief Operating Officer since August 2020, previously serving as COO (Product & Technology) from 2019 and as CTO from January 2011. He joined MercadoLibre in March 2000 as an application architect, later becoming Vice President of Product Development in 2009. Before MercadoLibre, he worked at PeopleSoft. He holds a Master’s in Technological Services Management from Universidad de San Andrés and a degree in Information Systems from the University of Buenos Aires

Agustín Costa

Executive Vice President of Shipping

Agustín Costa

Agustín Costa is Executive Vice President of Shipping at Mercado Libre, overseeing the company’s logistics operations across Latin America. Leading Mercado Envios, he manages a network that handles over 1.8 billion items per year, spanning engineering, fulfillment, transportation, network planning, security, real estate, and operational sales. Prior to joining Mercado Libre in 2022, he spent 17 years at Boston Consulting Group, where he was Managing Director and Partner, leading the Industrial Goods practice for the Hispanic Southern Cone. Agustín holds an Industrial Engineering degree from ITBA and an MBA with distinction from Harvard Business School.

Fernando Yunes

Executive Vice President and Head of Commerce for Latin America

Fernando Yunes

Fernando Yunes is Executive Vice President and Head of Commerce at Mercado Libre for Latin America, while continuing to lead the company’s Brazilian operations. With over 25 years of experience in technology, consumer goods, and consulting, Fernando plays a strategic role in strengthening and scaling the company’s ecosystem across the region. Since joining Mercado Libre in 2020, he has led the integration of marketplace, financial services, digital advertising, and logistics. He previously served as CEO of Sem Parar and held leadership roles at Whirlpool, Bain & Company, and Promon. Fernando holds a degree in Mechanical Engineering from Unicamp, a Business Administration degree from PUC-Campinas, and an MBA from the Ross School of Business (University of Michigan).

Board of Directors

Marcos Galperin

EXECUTIVE CHAIRMAN AND DIRECTOR

Emiliano Calemzuk

Lead Independent Director

Alejandro Nicolás Aguzin

Independent Director

Alejandro Nicolás Aguzin

Mr. Aguzin has been a private investor since March 2024, after serving as CEO of Hong Kong Stock Exchanges and Clearing Ltd. from 2021 to 2024. With over 30 years at J.P. Morgan, he held various leadership roles, including CEO of the International Private Bank and Chairman and CEO for Asia Pacific, CEO for J.P. Morgan Latin America and Head of Investment Banking Coverage, Mergers & Acquisitions and Capital Markets in the region.

Henrique Dubugras

Independent Director

Susan Segal

Independent Director

Susan Segal

Ms. Segal has been president and CEO of the Americas Society and Council of the Americas since 2003. Prior to that position, she founded an investment advisory firm focused on Latin America and the U.S. Hispanic market, and was a partner and Latin American Group Head at JPMorgan Partners/Chase Capital Partners, pioneering venture capital investing in Latin America. She was named one of the 500 most influential people in Latin America by Bloomberg in 2022.

Richard Sanders

Independent Director

Martin Lawson

Independent Director

Martin Lawson

Mr. Lawson has over 25 years of experience in e-commerce, fintech, and digital marketplaces, primarily in Latin America. He previously held various leadership roles at MercadoLibre, where he significantly contributed to regional expansion, M&A activities, and business developmen. Mr. Lawson previously served as an independent advisor to the Board of Directors, leveraging his expertise supporting high-impact businesses in e-commerce and digital transformation.

Nicolás Galperin

Director

Nicolás Galperin

Mr. Galperin is an investor, who previously worked at Morgan Stanley from 1994 to 2006, ultimately serving as managing director and head of trading and risk management for the London emerging markets desk. In 2006, he founded Onslow Capital Management in London, managing the firm until its closure in 2018. Now an investor based in London, he graduated with honors from the Wharton School of the University of Pennsylvania.

Stelleo Tolda

Independent Director

Stelleo Tolda

Served as an Advisor to Mercado Libre from 2022 to 2024, after different positions inside the company since 1999, such as Commerce President Executive Vice President and Chief Operating Officer, Senior Vice President and as the Company’s country manager of Brazil. Before joining MELI, worked at Lehman Brothers Inc. in the United States, and at Banco Pactual and Banco Icatu in Brazil. He currently serves as a director of DASA and has served as a director of Arco Educação. Mr. Tolda holds a master’s in business administration from Stanford University, a master’s degree and bachelor’s degree in mechanical engineering, also from Stanford University, and a certificate in financial accounting from Harvard Business School (Online).

Committee Composition

Name	Audit	Compensation	Nominating and Corporate Governance
Emiliano Calemzuk		Chairperson	Chairperson
Susan Segal	Member	Member
Stelleo Tolda	Chairperson		Member
Nicolás Aguzin	Member	Member	Member
Richard Sanders		Member

Governance Documents

Document Title	Link	Copy Link
Code of Business Conduct and Ethics (CH)	PDF
Audit Committee Charter	PDF
Compensation Committee Charter	PDF
Nominating and Corporate Governance Committee Charter	PDF
Code of Ethics for Suppliers and Business Partners (CH)	PDF
Code of Ethics for Suppliers and Business Partners (ES)	PDF
Code of Ethics for Suppliers and Business Partners (POR)	PDF
Code of Ethics for Suppliers and Business Partners (EN)	PDF
Code of Business Conduct and Ethics - English	PDF
Código de Ética do Mercado Livre - Português	PDF

Any Questions? Get in Touch!

Get in touch with our investor relations team for more information.

The Best Is Yet to Come!

Visit other Mercado Libre websites:

Our Presence

126 million

2.7 billion

83 million

Discover MELI's Ecosystem

Commerce

Advertising

Logistics

Acquiring

Fintech Services

Get to Know Our Business Units

Our Management Team

Ariel Szarfsztejn

Martin de los Santos

Osvaldo Giménez

Juan Martin de la Serna

Sean Summers

Daniel Rabinovich

Agustín Costa

Fernando Yunes

Board of Directors

Marcos Galperin

​​Emiliano Calemzuk​​

​​Alejandro Nicolás Aguzin​

​​Henrique Dubugras​​

​​Susan Segal​

​​​Richard Sanders​​

​​Martin Lawson​

​​Nicolás Galperin​​

Stelleo Tolda​​

Committee Composition

Governance Documents

Any Questions? Get in Touch!

The Best Is Yet to Come!

Emiliano Calemzuk

Alejandro Nicolás Aguzin

Henrique Dubugras

Susan Segal

Richard Sanders

Martin Lawson

Nicolás Galperin

Stelleo Tolda