M&A Deal Summary |
|
|---|---|
| Date | 2021-12-13 |
| Target | Redelcom |
| Sector | Information Technology |
| Buyer(s) | MercadoLibre |
| Deal Type | Add-on Acquisition |
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| Category | Company |
|---|---|
| Founded | 1999 |
| Sector | Internet Software and Services |
| Employees | 84,207 |
| Revenue | 20.8B USD (2024) |
MercadoLibre is an online trading platform serving Latin America. Its services are designed to provide its users with mechanisms to buy, sell, pay for, and collect on e-commerce transactions. The company principally offers MercadoLibre marketplace, an automated online commerce service, which permits businesses and individuals to list items and conduct their sales and purchases online in a fixed-price or auction-based format. MercadoLibre was founded in 1999 and is based in Montevideo, Uruguay.
| DEAL STATS | # |
|---|---|
| Overall | 7 of 7 |
| Sector: Information Technology M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 6 of 6 |
| Country: Chile M&A | 1 of 1 |
| Year: 2021 M&A | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-08-25 |
Kangu
Sao Paulo, Brazil Kangu is a logistics company that operates in Brazil, Colombia, and Mexico. The company has more than 5,000 collection and delivery points, more than half of them in Brazil. It serves a wide variety of companies including Mercado Livre, connecting e-commerce sellers to its network of neighborhood partners such as pet shops, stationers, and other local stores. These stores form a high capillarity network of collection points where sellers can leave their products for delivery, or delivery points where customers can pick up their orders. Kangu is based in Sao Paulo, Brazil. |
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