Overview
- In a Bloomberg interview, founder Marcos Galperin restated Mercado Libre’s push for an equal regulatory framework to compete with Chinese platforms in Argentina.
- He said it is not the company’s role to pressure authorities, noting arguments that tax-free imports disadvantage retailers that declare and pay taxes.
- Argentine purchases from Shein and Temu have soared, driven by very low prices and fast shipping.
- Mexico, Chile and Uruguay have tightened rules on low-value imports from China, while Argentina has not adopted comparable measures.
- Galperin confirmed Ariel Szarfsztejn as incoming CEO, reaffirmed support for President Javier Milei, and said he will remain focused on Mercado Libre with a strong interest in AI.