This Tuesday the founder and director of Mercado Libre, Marcos Galperin, met with the Ecuadorian president, Guillermo Lasso, after which he indicated in a publication on the social network Twitter that in June his company will open offices in Ecuador and will launch two of its main services.
“Very good meeting with the president @LassoGuillermo. @Free market It will be opening our offices in Ecuador in June 2022 and investing to launch Mercado Pago and Mercado Envios to complete our ecosystem”, said Galperin.
Last month, the Minister of Economy, Julio Prado, had already announced that this e-commerce company “will expand its payment platform, link entrepreneurs and SMEs to the e-commerce Y create a distribution center (warehouse)”, after meetings with regional directors.
Mercado Libre is one of the main sales platforms on-line that has existed in Latin America for several years and has been expanding its services, from simply being a virtual meeting point between a buyer and a seller to managing payments and shipments, but the latter is not in all countries.
Mercado Pago is already one of the main payment platforms in Argentina and Mexico.
With the announcement, users in Ecuador could charge and pay on the same platform through links payment by WhatsApp and social networks, as well as by QR and Point for physical businesses. also has a check out for virtual stores.
Usually in Ecuador Mercado Libre has served as a product counter after which those who interact decide how to close the transaction outside the platform. The new service would make it easier to close the deal directly for a fee that will depend on the price of the item. In addition to its characteristics, it could be used even by people who do not sell only through Mercado Libre with a kind of virtual wallet.
In some countries, Mercado Pago even allows you to send money directly to a bank account and even provides business loans. It will still be necessary to see which options he starts with in Ecuador.
It would also take care of the shipments, something that also had to be done by external providers.
The company has said it will work with delivery companies (couriers) local.
Mercado Libre was launched in 1999 inspired by eBay, but in Latin America. It currently operates in 18 countries in this region (its main market is Brazil) and in Portugal.
Mercado Libre is valued at more than 90,000 million dollars (2021 data), the highest value in Latin America. It is currently listed on the Nasdaq in the United States.
Galperin is today one of the richest people in the region thanks to his company, reaching, according to Forbes, to have a current fortune of 4.8 billion dollars. He is the man with the most money in Argentina, although a couple of years ago he changed his residence to Uruguay because his country poses many difficulties for business development, according to sources close to him. In addition, during Kirchnerism he lived in Uruguay, so he only returned to his life in that country. (I)
Source: Eluniverso
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