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MercadoLibre, Inc.

Acquisitions

MercadoLibre Acquisitions

3

Major Deals Covered

What are MercadoLibre's biggest acquisitions?

This page covers 3 major deals from 2008 to 2021, each with its price where disclosed and the reason behind it.

Major deals covered
3
First deal
2008
Most recent
2021
CompanyYearPricePurpose
Kangu (Brazilian PUDO Logistics Network)2021UndisclosedAcquired Brazilian pick-up and drop-off (PUDO) logistics operator Kangu to turn thousands of local neighborhood shops into collection points and return centers across Brazil, Mexico, and Colombia.
Redelcom2021UndisclosedAcquired Chilean payment services provider Redelcom to accelerate Mercado Pago's point-of-sale (POS) smart terminal adoption among micro, small, and medium businesses in Chile.
DeRemate.com (from DeRemate Holding)2008UndisclosedAcquired historic chief e-commerce rival DeRemate's operations in Argentina, Chile, Colombia, Mexico, and Brazil to eliminate fragmented competition in Latin American online auctions.
What companies has MercadoLibre bought?
Major acquisitions by MercadoLibre documented here include Kangu (Brazilian PUDO Logistics Network) (2021), Redelcom (2021) and DeRemate.com (from DeRemate Holding) (2008).
What is MercadoLibre's most recent acquisition?
The most recent MercadoLibre acquisition documented here is Kangu (Brazilian PUDO Logistics Network), in 2021.

Kangu (Brazilian PUDO Logistics Network)

2021

Why

Acquired Brazilian pick-up and drop-off (PUDO) logistics operator Kangu to turn thousands of local neighborhood shops into collection points and return centers across Brazil, Mexico, and Colombia.

Impact

Dramatically slashed last-mile delivery costs and eliminated delivery failures in densely populated favelas and urban centers where door-to-door delivery was historically impossible.

Outcome

Expanded Mercado Envios' last-mile pick-up and drop-off network.

Redelcom

2021

Why

Acquired Chilean payment services provider Redelcom to accelerate Mercado Pago's point-of-sale (POS) smart terminal adoption among micro, small, and medium businesses in Chile.

Impact

Strengthened Mercado Pago's physical merchant acquiring infrastructure in the Southern Cone, challenging legacy bank acquiring monopolies.

Outcome

Rapidly expanded Mercado Pago's offline merchant payment footprint in Chile.

DeRemate.com (from DeRemate Holding)

2008

Why

Acquired historic chief e-commerce rival DeRemate's operations in Argentina, Chile, Colombia, Mexico, and Brazil to eliminate fragmented competition in Latin American online auctions.

Impact

Consolidated MercadoLibre's position against its main early regional rival.

Outcome

Strengthened marketplace leadership in Spanish-speaking Latin America.

MercadoLibre, Inc.'s Growth & Acquisition Strategy

Growth is coming from three places. First, buyer frequency: unique active buyers rose 26% to 89.3 million in Q2 2026 after Brazil's free-shipping threshold was lowered. Second, fintech depth: Mercado Pago monthly active users grew 30% to 88 million, quarterly payment volume topped $100 billion, and the credit book reached $16.4 billion. Third, higher-margin add-ons such as Mercado Ads and the Meli+ subscription.

How MercadoLibre, Inc. Makes Money

MercadoLibre makes money in two ways. Commerce (Mercado Libre) charges sellers commissions on marketplace sales, collects shipping and fulfillment fees through Mercado Envios, sells advertising through Mercado Ads, and runs some first-party retail. Fintech (Mercado Pago) charges merchants fees on online and in-store payments (QR codes and Point card readers) and earns interest on consumer loans, merchant loans and credit cards. Mercado Pago also holds user deposits: assets under management reached $23 billion in Q2 2026. Payment processing grew out of the marketplace, but most of Mercado Pago's volume now comes from outside it.

MercadoLibre Acquisitions FAQ

What was the strategic significance of acquiring DeRemate.com in 2008?

In 2008, MercadoLibre acquired its chief regional competitor, DeRemate.com (from DeRemate Holding and La Nación), for $40 million. The deal eliminated its primary auction rival in Argentina, Chile, Colombia, and Mexico, expanding MercadoLibre's user base and merchant catalog.

Why did MercadoLibre acquire logistics startup Kangu in 2021?

In 2021, MercadoLibre acquired Brazilian logistics startup Kangu, which operated a network of thousands of small neighborhood retail shops (PUDO points) acting as pickup and drop-off hubs for packages. The deal expanded MercadoLibre's last-mile collection network and reduced shipping costs.

What was the acquisition of Chilean payment provider Redelcom in 2021?

In December 2021, MercadoLibre acquired Redelcom, a leading Chilean payment services and POS terminal provider. The acquisition accelerated Mercado Pago's point-of-sale card reader expansion and digital payment adoption across retail businesses in Chile.

How did the acquisition of Autoplaza and classifieds platforms expand vertical categories?

MercadoLibre acquired regional specialized classifieds platforms (such as Autoplaza and TuCarro / TuMoto) to dominate online automotive, real estate, and professional services classifieds across Latin America, creating high-margin lead generation advertising revenue.

Did MercadoLibre acquire specialized software and ERP integration companies?

Yes. MercadoLibre acquired specialized e-commerce software developers and integration software platforms (such as Axado in Brazil in 2016 for freight calculation software) to optimize transportation management and ERP connectivity for large marketplace sellers.

What is MercadoLibre's corporate venture capital arm, Meli Fund?

Through Meli Fund, MercadoLibre makes strategic minority venture investments in Latin American startups building tools in e-commerce logistics, artificial intelligence, retail technology, cross-border payments, and SaaS, integrating promising startups into the MercadoLibre API ecosystem.

How does MercadoLibre integrate acquired companies into its tech stack?

MercadoLibre utilizes an API-first microservices architecture, allowing acquired logistics networks, payment processors, and software platforms to connect rapidly with Mercado Pago's core ledger and Mercado Libre's product database.

What is MercadoLibre's ongoing M&A strategy regarding fintech and logistics?

MercadoLibre pursues selective, bolt-on acquisitions in automated warehousing, specialized payment gateways, AI fraud prevention, and retail media advertising technology to strengthen its competitive moat across Brazil, Mexico, and the Andean region.

What companies has MercadoLibre acquired?

MercadoLibre uses acquisitions to completely dominate physical logistics. In 2021, they bought Kangu, a massive Brazilian logistics startup that utilizes thousands of local neighborhood stores as package pickup and drop-off points. They constantly buy massive specialized software and trucking companies in Mexico and Brazil to ensure their delivery speeds can continuously crush Amazon and Shopee.

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Content is for informational purposes only. Not financial advice. Data sourced from SEC filings, annual reports, and public records. See our full disclaimer and methodology.