The e-commerce company was selected in the category of leading companies, among which firms such as Duolingo, Nvidia and SpaceX also participated.
The time magazine included Free market in the latest edition of his ranking of the 100 most influential companies of the world. The company co-founded by Marcos Galperin was selected within the category of leading companies.
“The Argentine e-commerce giant Mercado Libre is competing with Amazon in Latin America. she was one year old 2022 recordgenerating more than US$10,000 million in revenue and US$1,000 million in operating profit, an increase of 134% compared to the previous year”, highlighted the renowned American magazine.
The e-commerce company was co-founded by Marcos Galperín in 1999. Currently, it is a brand that appears advertised on the cover page from the prestigious Time magazine together with OpenAI (creator of ChatGPT), BYD, Novo Nordisk, IBMHappiest Baby, Taco Bell, TikTokFormula One and Disney.
The selected companies were divided into four categories: leaders, disruptors, innovators, titans and trailblazers. Free market was selected within the category of leading companies, among which were firms such as Duolingo, Nvidia and SpaceX.
As highlighted in the magazine, the businesses of fintech They are the fastest growing segment of the company. “For 40% of merchants who receive loans, Mercado Libre is the first institution to offer them creditas highlighted by the company,” they wrote.
The published article includes a statement of Marcos Galperincurrent CEO of the company: “Latin America has huge gaps with other regionsparticularly around the financial inclusion. We address those gaps not only offering good products and servicesbut also making it easier for consumers to use our technology.”
The Mercado Libre celebration
From the company they highlighted that the company was recognized for its commitment to financial inclusion and his contribution to technological development in Latin Americain addition to its profitable growth and hiring people as part of its long-term growth strategy.
“For 23 years he have been imagining and creating new ways to make trade and financial services more inclusive in Latin America, using technology and innovation and finding the best way to do things. Today we are leading a profound fintech revolutionwith a positive impact on the entire region,” said Galperín.
Source: Ambito
