That's because it's eBay's Latin American partner and eBay has a 19.5% ownership... | Hacker News

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elliottcarlson on April 15, 2011 | parent | context | favorite | on: Former Google VP Kai-Fu Lee Got a Nickname, Start-...

That's because it's eBay's Latin American partner and eBay has a 19.5% ownership interest in MercadoLibre - not to mention eBay sold off iBazar to MercadoLibre in that process.

kragen on April 15, 2011 [–]

No, that's not why. It looked like that from the beginning, long before eBay bought into them.

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