On Oct 2, 2012, NeoMagic entered into the multi-billion dollar eCommerce space, with the acquisition of MercadoMagico. MercadoMagico is an eCommerce Multi-Vendor platform where people are able to buy and sell products from one another or purchase products directly from MercadoMagico. It allows anyone to set up an online store with a fully customizable, easy to use, secure eCommerce platform, with a variety of tools to help set up and run their business. The MercadoMagico brand currently has a presence in the US, Mexico, and Venezuela, with future plans to expand into Colombia. Ecuador, Peru, Chile, Dominican Republic, Spain, and Portugal.
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