May 11, 2007 / 9:11 PM / 12 years ago

MercadoLibre files with U.S. SEC for $100 mln IPO

WASHINGTON, May 11 (Reuters) - MercadoLibre Inc., which hosts an online trading platform in Latin America, filed with U.S. regulators on Friday to raise up to $100 million in an initial public offering of common stock.

The company, which hosts the platform through www.mercadolibre.com, said in a filing with the U.S. Securities and Exchange Commission that JPMorgan and Merrill Lynch & Co. are underwriting the IPO.

MercadoLibre plans to list its stock on the Nasdaq under the symbol “MELI” (MELI.O).

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