MercadoLibre.com (literally "free market" in Spanish) or MercadoLivre in Portuguese (Brazil, Portugal) is an Argentine online marketplace dedicated to e-commerce and online auctions. eBay is the largest common stocks owner in MercadoLibre, with 18.40% of total common stocks. eBay entered into a strategic alliance with MercadoLibre in September 2001. MercadoLibre is Latin America's number-one e-commerce site.