Davis Polk advised the joint book-running managers in connection with the SEC-registered secondary offering of 7,100,000 shares of common stock of MercadoLibre, Inc. by eBay Inc. and eBay’s subsidiary, eBay International Treasury Center S.à r.l., for an aggregate price of $1.1 billion. An additional 1,026,062 shares may be purchased from eBay Inc. pursuant to an option to purchase additional shares. The common stock is listed on the NASDAQ Global Market under the symbol “MELI.”

Founded in 1999, MercadoLibre is Latin America’s leading e-commerce technology company. Through its primary platforms, MercadoLibre.com and MercadoPago.com, MercadoLibre provides solutions to individuals and companies buying, selling, advertising and paying for goods and services online.

The Davis Polk corporate team included partner Richard D. Truesdell Jr. and associate Roshni Banker Cariello. Partner Lucy W. Farr and associates Patrick E. Sigmon and Caitlin Piper provided tax advice. All members of the Davis Polk team are based in the New York office.

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