Mercado Libre Inc is a Uruguay-based e-commerce business facilitator of Argentinian origins. The e-commerce products enable retail and wholesale via Internet platforms designed to provide users with a portfolio of services to facilitate commercial transactions. Co.'s geographic coverage includes 18 countries of Latin America. The primary offer is an ecosystem of six integrated e-commerce services: the Mercado Libre Marketplace, the Mercado Libre Classifieds service, the Mercado Pago payments solution, the Mercado Credito financial solutions, the Mercado Envios logistic solutions including shipping, the Mercado Ads advertising platform and the Mercado Shops digital storefront solution. We show 63 historical shares outstanding datapoints in our MELI shares outstanding history coverage, used to compute MELI market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing MELI market cap history over the course of time is important for investors
interested in comparing MELI's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of MELI versus a peer is one thing; comparing
MELI market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like MELI can fluctuate over the course of history.
With this page we aim to empower investors researching MELI by allowing them to research the MELI market cap history. |
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Video: The Importance of Market Cap
