In 2017, Mercado Libre marked another milestone in its history, entering the Nasdaq 100 index that represents the world's leading technology companies listed on Wall Street. With the name MELI we are part of the NASDAQ-100 Index® (Nasdaq: NDX) and the NASDAQ-100 Equal Weight Index (Nasdaq: NDXE), where the most important stocks in the hardware, software and telecommunications industry are listed.

This is an extremely relevant step for a regional company, which reflects the continuous growth of the Mercado Libre ecosystem in the different countries where we operate.

Nasdaq 100 Index is a United States stock index that includes the 100 securities of the most important companies in the industry sector, and is currently made up of giants such as Alphabet, Adobe, Apple, Meta, Microsoft, Netflix, Seagate, Starbucks, Tesla, T-Mobile, Amazon, eBay, Electronic Arts, Cisco, Mattel, Vodafone and Symantec, among others.

“We are proud to be part of this prestigious ranking alongside the most relevant companies in the sector worldwide. This milestone, without a doubt, is a recognition for all of us who are part of Mercado Libre, the work of 18 years of history and the continuous growth of the Mercado Libre ecosystem in the different countries where we operate," said Pedro Arnt, CFO of Mercado Libre.

Latest financial results: First quarter of 2024

Mercado Libre announced results following a strong financial and operational performance in the first quarter. Net revenue rose 36% in dollars, year-over-year, to hit $4.3 billion, while income from operations rose 29% year-on-year to $528 million. Net income rose 71%, year-over-year, to reach $344 million in the first months of the year.

To delve deeper and read more about the stock's results, go to the Investors site.