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Essendant Expands Digital Offering to Include Mercado Libre, Latin America's Largest Ecommerce Marketplace

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Essendant has expanded its marketplace operations by partnering with Mercado Libre, Latin America's largest online marketplace. This marks Essendant's first entry into the Latin American market, offering power and hand tools from top brands across 18 countries in Mexico, Central and South America.

The partnership, which went live in the first week of October, follows months of development and product curation tailored to the Latin American consumer base. According to Interim CEO David Boone, this expansion through Mercado Libre's international reach represents a critical growth opportunity for Essendant's Connected Commerce program.

Essendant ha ampliato le proprie operazioni di mercato stringendo una partnership con Mercado Libre, il più grande marketplace online dell'America Latina. Questo segna il primo ingresso di Essendant nel mercato latinoamericano, offrendo strumenti elettrici e manuali di marchi rinomati in 18 paesi in Messico, America Centrale e America del Sud.

La collaborazione, attiva dalla prima settimana di ottobre, è il risultato di mesi di sviluppo e curazione dei prodotti mirati al consumatore latinoamericano. Secondo l'Amministratore Delegato ad interim David Boone, questa espansione attraverso la portata internazionale di Mercado Libre rappresenta un'opportunità di crescita fondamentale per il programma Connected Commerce di Essendant.

Essendant ha ampliado sus operaciones en el mercado asociándose con Mercado Libre, el mayor mercado en línea de América Latina. Este es el primer ingreso de Essendant en el mercado latinoamericano, ofreciendo herramientas eléctricas y manuales de las mejores marcas en 18 países de México, América Central y América del Sur.

La asociación, que comenzó en la primera semana de octubre, sigue meses de desarrollo y curaduría de productos adaptados a la base de consumidores de América Latina. Según el CEO interino David Boone, esta expansión a través del alcance internacional de Mercado Libre representa una oportunidad crítica de crecimiento para el programa de Comercio Conectado de Essendant.

Essendant는 남미 최대의 온라인 마켓플레이스인 Mercado Libre와의 파트너십을 통해 시장 운영을 확장했습니다. 이는 Essendant의 라틴 아메리카 시장으로의 첫 진출로, 멕시코, 중앙 및 남미의 18개국에서 유명 브랜드의 전동 공구 및 수공구를 제공합니다.

이번 파트너십은 10월 첫 주에 시작되었으며, 라틴 아메리카 소비자 기반에 맞춘 제품 개발 및 큐레이션에 몇 달이 걸렸습니다. 임시 CEO인 David Boone에 따르면, Mercado Libre의 국제 네트워크를 통한이번 확장은 Essendant의 연결된 상거래 프로그램에 대한 중요한 성장 기회를 나타냅니다.

Essendant a élargi ses opérations sur le marché en s'associant à Mercado Libre, la plus grande plateforme de commerce en ligne d'Amérique latine. Cela marque la première entrée d'Essendant sur le marché latino-américain, offrant des outils électriques et manuels de grandes marques dans 18 pays au Mexique, en Amérique centrale et en Amérique du Sud.

Ce partenariat, qui a débuté lors de la première semaine d'octobre, fait suite à des mois de développement et de sélection de produits adaptés aux consommateurs latino-américains. Selon le PDG par intérim David Boone, cette expansion par le biais de la portée internationale de Mercado Libre représente une opportunité de croissance essentielle pour le programme Connected Commerce d'Essendant.

Essendant hat seine Marktaktivitäten durch eine Partnerschaft mit Mercado Libre, dem größten Online-Marktplatz in Lateinamerika, erweitert. Dies markiert Essendants ersten Einstieg in den lateinamerikanischen Markt, in dem Elektrowerkzeuge und Handwerkzeuge von führenden Marken in 18 Ländern in Mexiko, Zentral- und Südamerika angeboten werden.

Die Partnerschaft, die in der ersten Oktoberwoche startete, folgt Monaten der Entwicklung und Produktkurierung, die auf die lateinamerikanische Verbraucherschicht zugeschnitten sind. Laut dem interims CEO David Boone stellt diese Expansion durch die internationale Reichweite von Mercado Libre eine kritische Wachstumschance für Essendants Connected Commerce-Programm dar.

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DEERFIELD, Ill. and PASADENA, Calif., Nov. 14, 2024 /PRNewswire/ -- Essendant announced today it has expanded its marketplace operations to now include offering products from key brand partners on Mercado Libre, the largest online marketplace serving Mexico, Central and South America.

The new partnership with Mercado Libre is Essendant's first foray into the Latin American market and entails a robust product selection of power and hand tools from top brands.

"Mercado Libre has immense reach internationally, so this is a critical expansion for Essendant's Connected Commerce program. It not only gives us a foothold into 18 Latin American countries but offers huge potential for us to help brands sell their products to a broader audience of consumers," said David Boone, Interim CEO of Essendant.

After months of developing the partnership with Mercado Libre and curating a selection of brands and products that would appeal to the Latin American market, Essendant's selection went live on Mercado Libre's platforms the first week of October.

To learn more about Essendant's commerce and fulfillment solutions, visit Essendant.com/connected-commerce. To begin a partnership, go to Essendant.com/get-started-fulfillment.

About Essendant
We Provide the Better Way to Commerce: Essendant is a distribution and commerce company that provides wholesale distribution and fulfillment services (3PL) to resellers and brands, helping them expand their paths to growth, improve their customer experience, and optimize their supply chain to meet the demands of commerce today. Essendant empowers customers with best-in-class distribution capabilities for accurate and timely delivery anywhere in the U.S., system integrations that enable commerce from point of sale to delivery, a broad product assortment stocked for optimal distribution throughout its network, and eCommerce services that support online selling. With 100 years of experience, Essendant fuels growth for thousands of customers including independent resellers, retailers, B2B distributors, manufacturers, and eCommerce businesses, ranging from startups to multinational corporations. For more information on Essendant, visit https://www.essendant.com/.

About Mercado Libre
Founded in 1999, MercadoLibre, Inc (NASDAQ: Meli) is the leading company in e-commerce technology and digital financial services in Latin America, with operations in 18 countries. It offers a complete ecosystem of solutions for individuals and businesses to buy, sell, advertise, obtain credit and insurance, collect, send money, save, and pay for goods and services both online and offline. Mercado Libre looks to facilitate access to commerce and financial services in Latin America, a market that offers great opportunities and high growth potential. It uses world-class technology to create intuitive solutions tailored to the local culture to transform the lives of millions of people in the region. More information at http://investor.mercadolibre.com/.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/essendant-expands-digital-offering-to-include-mercado-libre-latin-americas-largest-ecommerce-marketplace-302305873.html

SOURCE Essendant Inc.

FAQ

When did Essendant launch its partnership with Mercado Libre (MELI)?

Essendant launched its partnership with Mercado Libre in the first week of October 2024, after months of development and product curation.

What products is Essendant selling on Mercado Libre (MELI)?

Essendant is offering a selection of power and hand tools from top brands on Mercado Libre's marketplace.

How many Latin American countries will Essendant reach through Mercado Libre (MELI)?

Through the Mercado Libre partnership, Essendant will reach consumers in 18 Latin American countries across Mexico, Central and South America.

Is this Essendant's first expansion into Latin American markets with MELI?

Yes, this partnership with Mercado Libre marks Essendant's first foray into the Latin American market.

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