On September 11, 2008, MercadoLibre, Inc. (the "Company") filed a Current Report on Form 8-K (the "Initial Form 8-K"), reporting the completion of its previously announced acquisition of all of the issued and outstanding shares of capital stock of DeRemate.com de Argentina S.A., a company organized under the laws of Argentina, DeRemate.com Chile S.A., a company organized under the laws of Chile, Interactivos y Digitales México S.A. de C.V., a company organized under the laws of Mexico and Compañía de Negocios Interactiva de Colombia E.U., a company organized under the laws of Colombia (together, the "DeRemate Operations").

This Amendment No. 1 to the Initial Form 8-K ("Form 8-K/A") amends and supplements the Initial Form 8-K to include the financial information required under Item 9.01 of Form 8-K in connection with the subject matter of the Initial Form 8-K. The information previously reported in the Initial Form 8-K is hereby incorporated by reference into this Form 8-K/A.

(a) Financial Statements of Business Acquired

The audited Combined Financial Statements of the DeRemate Operations as of December 31, 2007 and for the year ended December 31, 2007 and accompanying notes are included as Exhibit 99.1 to this Current Report on Form 8-K/A and are incorporated herein by reference.

The unaudited Condensed Combined Financial Statements of the DeRemate Operations as of June 30, 2008 and December 31, 2007 and for the six-month periods ended June 30, 2008 and 2007 and accompanying notes are included as Exhibit 99.2 to this Current Report on Form 8-K/A and are incorporated herein by reference.

(b) Unaudited Pro Forma Financial Information

The following unaudited Pro Forma Financial Information is included as Exhibit 99.3 to this Current Report on Form 8-K/A and incorporated herein by reference:

i. Unaudited Pro Forma Statement of Income for the year ended December 31, 2007 and notes thereto.

ii. Unaudited Pro Forma Statement of Income for the six-month period ended June 30, 2008 and notes thereto.

(d) Exhibits

23.1    Consent of Price Waterhouse & Co. S.R.L., Independent Registered Public
        Accounting Firm

99.1    Audited Combined Financial Statements of the DeRemate Operations as of
        December 31, 2007 and for the year ended December 31, 2007 and notes
        thereto

99.2    Unaudited Condensed Combined Financial Statements of the DeRemate
        Operations as of June 30, 2008 and December 31, 2007 and for the six-month
        periods ended June 30, 2008 and 2007 and notes thereto

99.3    Unaudited Pro Forma Financial Information and notes thereto