NEW YORK, June 09, 2017 (GLOBE NEWSWIRE) -- Nasdaq (NASDAQ:NDAQ) today announced that MercadoLibre, Inc. (NASDAQ:MELI), will become a component of the NASDAQ-100 Index® (NASDAQ:NDX) and the NASDAQ-100 Equal Weighted Index (NASDAQ:NDXE) prior to market open on Monday, June 19, 2017. MercadoLibre, Inc. will replace Yahoo! Inc. (NASDAQ:YHOO) which is being removed as a result of their conversion to a closed-end fund.

MercadoLibre, Inc. is headquartered in Buenos Aires, Argentina, and has a market capitalization of approximately $12.4 billion. For more information about the company, go to www.mercadolibre.com.

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