Galperín slammed Pichetto: 'I'm not worried. We are going to compete with Shein and Temu'

Galperín slammed Pichetto: 'I'm not worried. We are going to compete with Shein and Temu'
Pichetto vs. Galperín
porEditorial Team
Argentina

Galperin replied to Pichetto and stated that Mercado Libre 'is not afraid to compete' with international platforms

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Mercado Libre's founder, Marcos Galperin, replied firmly to Kirchnerist deputy Miguel Ángel Pichetto, who had once again raised the need to "heavily tax" Chinese platforms Shein and Temu.

"I'm not worried. We're going to compete with them in the same way we've competed with them, so far very successfully, in many other countries on the continent," Galperin wrote on X, downplaying the controversy but making his position clear.

Cruce entre Pichetto y Galperín en la red social X
Cruce entre Pichetto y Galperín en la red social X

The message was a direct response to Pichetto's comment, who had stated on the same social network: "I was the first to speak about the need to heavily tax products from Chinese platforms Shein and Temu. Now I see that many people are concerned, including Mr. Galperin from Mercado Libre."

The deputy also insisted that "Congress must work to regulate this platform economy and protect national industry and Argentine jobs." A recipe that has clearly failed all this time.

Far from joining the demand, Galperin reaffirmed his confidence in Mercado Libre's ability to compete without privileges or state protectionism, in line with his vision of an open and competitive market.

But the Kirchnerist deputy, who has never worked in the private sector, insisted by responding: "You'd better start worrying @marcos_galperin because the Chinese platforms are going to run you over. They're already impacting your business and the loss of jobs for those who work in shipment distribution."

Pichetto responde a Galperín
Pichetto responde a Galperín

The controversy over Chinese platforms

Everything began with statements from Juan Martín de la Serna, CEO of Mercado Libre Argentina, who had warned about an "uneven playing field" represented by Shein and Temu, as they operate under more lax regulatory frameworks.

Juan Martin de la Serna: presidente Mercado Libre en Argentina.
Juan Martin de la Serna: presidente Mercado Libre en Argentina.

"It's important to have a good regulatory framework that's the same for everyone competing," he stated during the annual conference of consulting firm Abeceb.

The agency Bloomberg highlighted that these were Mercado Libre's most direct criticisms so far toward its Asian rivals, who have grown at a rapid pace in Latin America.

According to the firm Sensor Tower, in the first half of 2025 Temu's monthly active users in the region increased by 143%, reaching 105 million.

Mercado Libre keeps its regional leadership

Despite the emergence of Chinese platforms, Mercado Libre remains the largest e-commerce ecosystem in Latin America, with 27 consecutive quarters of annual growth above 30% and more than 112,000 employees, mostly linked to its logistics network.

Marcos Galperín, dueño fundador de Mercado Libre
Marcos Galperín, dueño fundador de Mercado Libre

De la Serna positively highlighted that the arrival of new competitors "forced us to raise the bar and do things we might not have done before, being more aggressive in investments and improving our logistics network," although he warned that the pressure for low prices can affect local SMEs.

He also mentioned the difficulties of the Argentine context: while Brazil and Mexico have logistics centers of more than one million square meters (10,763,910 square feet), Argentina has just expanded its capacity to 65,000 m² (699,654 square feet) with an investment of US$ 65 million.

 

 


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