MercadoLibre has selected this country for its potential market, where 46.2 percent of the population has access to broadband internet. Furthermore, in Q4 2009, e-commerce companies in Portugal managed to increase their client base by 20 percent. Those interested in using the platform must sign up for free as a user and create a username and a password.
MercadoLibre operates in 12 Latin American countries, including Argentina, Brazil, Mexico, Uruguay, Colombia, Venezuela, Chile, Ecuador, Peru, Costa Rica, the Dominican Republic and Panama. In 2009, more than 3 million users sold products and 9 million people made 29.5 million product purchases via the company`s platform, up 39 percent year-over-year.
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