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Mercado Libre is a prominent technology company based in Buenos Aires, Argentina, founded in 1999. It operates in 18 countries across Latin America and is publicly traded on NASDAQ under the ticker MELI. As the largest tech company by market capitalization in the region, valued at around $100 billion as of 2024, Mercado Libre aims to democratize commerce and financial services through technology and innovation. The company offers a wide range of services, including its core marketplace where millions buy and sell various goods. Mercado Pago, its fintech payment system, enhances secure online transactions, while Mercado Envíos provides logistics and shipping solutions, managing over 1 billion shipments. Additionally, Mercado Libre has expanded into classified portals and other digital services to support commerce and financial inclusion. With a focus on innovation and a commitment to diversity and inclusion, Mercado Libre serves a diverse customer base, including individual consumers and businesses, striving to bridge digital and financial divides in Latin America.
Loggi is a Brazilian logistics technology company founded in 2013 and based in São Paulo. It operates a logistics network across Brazil, utilizing mobile technology, artificial intelligence, automation, and the Internet of Things to deliver fast and reliable freight and package services. The company aims to expand its presence to all Brazilian cities and achieve 5 million deliveries per day within the next five years. Loggi offers a logistics marketplace that connects distribution centers with third-party couriers, facilitating efficient last-mile delivery in over 4,000 cities. Customers benefit from real-time delivery tracking and advanced automation solutions, such as the BG Line Sorter, which enhances the speed and control of logistics processes. The company operates multiple cross-docking facilities nationwide to sort and redistribute packages effectively. With a workforce of 1,000 to 5,000 employees and a valuation of around $1 billion, Loggi serves a diverse range of customers, including e-commerce businesses, by providing scalable and cost-effective delivery solutions throughout Brazil.
MadeiraMadeira is Brazil's leading e-commerce platform for home furnishings, decor, building materials, and appliances. Founded in 2009 by Daniel and Marcelo Scandian, the company operates as a hybrid online marketplace and retailer, offering over 1.5 million products from various sellers and its own private label brands, such as CabeCasa. Its mission is to help customers create their dream homes with a wide selection of products and convenient delivery across Brazil. The product range includes furniture, home decor, windows, doors, beds, lamps, and building materials, serving millions of customers nationwide. MadeiraMadeira has transitioned from a dropshipping model to owning physical distribution centers and a logistics network, enhancing order fulfillment and customer service. The company also employs an omnichannel strategy with over 60 physical "guide stores" across Brazil, allowing customers to view products and gather inspiration while making purchases online. Headquartered in Curitiba, MadeiraMadeira has a workforce of over 1,300 and is valued at around $1 billion.
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