A marketplace giant for Latin America, MercadoLibre runs an online shopping platform where millions buy and sell everything from phones to home goods, backed by Mercado Pago for payments and loans and Mercado Envios for delivery. It was born in 1999 when MBA student Marcos Galperin sketched a plan inspired by eBay and launched from a Buenos Aires garage. Its name literally means "free market" in Spanish, and in Brazil it goes by Mercado Livre.
MercadoLibre stockholders elect all Class I directors and approve executive pay and auditor at 2026 annual meeting.
Annual Meeting held June 9, 2026; 42,917,786 shares represented, constituting a quorum.
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Class I directors elected: Susan Segal (36,780,151 for), Stelleo Passos Tolda (13,399,536 for), Alejandro Nicolás Aguzin (38,488,792 for).
Advisory vote on named executive officer compensation for FY2025 passed: 34,371,581 for, 4,445,767 against, 232,286 abstain.
Ratification of Pistrelli, Henry Martin y Asociados S.A. (Ernst & Young member firm) as independent auditor for FY2026 passed: 42,608,235 for, 283,482 against, 26,069 abstain.
Record date for voting was April 14, 2026; 50,697,182 shares outstanding and entitled to vote.
5.07 Submission of Matters to a Vote of Security Holders
MercadoLibre sets 2026 bonus goals and adopts six-year cash retention program for NEOs
On March 31, 2026, the Board established 2026 bonus performance goals for five NEOs based on net revenues, income from operations, total payment volume, and competitive NPS.
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Each NEO's target bonus is four months of base salary (33.33% of annual base salary), with individual adjustments of up to +50% or -50%.
The Board adopted the 2026 Long Term Retention Program (LTRP) with cash payments over six years, first payment between Jan 1 and Apr 30, 2027.
Target 2026 LTRP awards: CEO Ariel Szarfsztejn $14M, Fintech President Osvaldo Giménez $10M, Technology & Operations President Daniel Rabinovich $10M, CFO Martin de los Santos $4M, Executive Chairman Marcos Galperin $3.5M.
LTRP payments include a fixed annual component and a variable component tied to stock price performance relative to the average closing price in the final 60 trading days of 2025.
5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · 9.01 Financial Statements and Exhibits
MercadoLibre closes $750M offering of 4.900% Notes due 2033
On December 9, 2025, MercadoLibre, Inc. closed an underwritten public offering of $750,000,000 aggregate principal amount of 4.900% Notes due 2033.
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The Notes were issued under an indenture dated January 14, 2021, as supplemented by a fourth supplemental indenture dated December 9, 2025.
Guarantors include MercadoLibre S.R.L., eBazar.com.br Ltda., Mercado Pago Instituição de Pagamento Ltda, and several other Latin American subsidiaries.
The Bank of New York Mellon serves as trustee for the Notes.
Legal opinions on the validity of the Notes and guarantees were provided by firms in the U.S., Argentina, Brazil, Mexico, Chile, and Colombia.
8.01 Other Events · 9.01 Financial Statements and Exhibits
MercadoLibre prices $750M of 4.900% senior notes due 2033
MercadoLibre, Inc. and certain subsidiaries entered into an underwriting agreement on December 4, 2025, to sell $750 million aggregate principal amount of 4.900% Notes due 2033.
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The Notes are senior unsecured obligations, SEC-registered, and guaranteed by several MercadoLibre subsidiaries.
The offering was led by Citigroup, Goldman Sachs, and J.P. Morgan as global coordinators and joint bookrunners, with additional joint bookrunners including Allen & Company, BNP Paribas, Bank of America, Morgan Stanley, and Santander.
The transaction was 3.6x oversubscribed with demand from over 150 institutional investors, and proceeds will be used for general corporate purposes and to strengthen liquidity.
The Notes carry a 7-year tenor expiring in January 2033, and the issuance is the first since MercadoLibre achieved investment grade status (BBB- from S&P and Fitch).
1.01 Entry into a Material Definitive Agreement · 7.01 Regulation FD Disclosure · 9.01 Financial Statements and Exhibits