In 1999, while at Stanford, Galperin co-founded
Mercado Libre with classmates and mentors from the Graduate School of Business. Originally designed as a Latin American version of eBay, it grew into a leading regional platform for e-commerce and fintech, including
Mercado Pago (payments), Mercado Crédito (loans), Mercado Envíos (logistics) and Mercado Ads (marketing). Under his leadership, Mercado Libre became Latin America’s largest publicly listed technology company. He has been recognised with the
Konex Award (2008) and the
Platinum Konex Award (2018) as one of Argentina’s most influential business figures. He also served on the board of
Globant until 2020. In 2023, he co-founded the
Miami Sharks, a professional rugby union team based in Florida, and became one of its principal investors.
Leadership transition On 21 May 2025, Mercado Libre announced that Galperin would step down as CEO at the end of the year after 26 years in the role. Ariel Szarfsztejn, head of the commerce division, will succeed him as CEO on 1 January 2026, while Galperin becomes Executive Chairman. In a letter to employees, he said he would remain focused on long-term strategy, capital allocation, corporate culture and AI-driven innovation. Media coverage in 2025 highlighted Mercado Libre’s investment in artificial intelligence for credit risk, payments and logistics. ==References==