national representative Miguel Angel Pichet I warned the businessman again this Sunday. marcos galperin Due to advances in Chinese platforms that compete with Mercado Libre’s business model. “You better start worrying, because they’re going to outrun you.”the lawmaker told him in a publication on social networks.
The controversy stems from a few days ago when Pichet mentioned on his X account the comments of Juan Martín de la Serna, the CEO of Mercado Libre in the country, who called for a suspension of imports of Shein and Tem. But Galperin sought to defuse the controversy.
“I’m not worried. We’re going to compete with them in the same way that we’ve been successful in many other countries on the continent,” Galperin told X magazine yesterday.
And this Sunday, Pichet responded: “You should start worrying, Marcos Galperin. Chinese platforms will overtake you. “They are already impacting your business and costing people who work in delivery logistics jobs.”
you better start worrying @marcos_galperin Because the Chinese platform will pass you by.
They are already impacting your business and costing people who work in delivery logistics jobs. https://t.co/ZeFnqNf5nB
— Miguel Angel Pichetto (@MiguelPichetto) November 9, 2025
On Friday, members of Congress shared statements from Mercado Libre’s current CEO, asserting what he has been warning about for some time on social networks and in speeches in Congress. Difficulties that Argentine industry is facing and will face after opening up to indiscriminate imports.
“I was the first to talk about the need to impose heavy taxes on the products of the Chinese platform Shein and Tem. Now I see that many people are concerned, including Mr. Galperin at Mercado Libre,” Pichet said.
“Congress must try to regulate this platform economy and take care of domestic industry and Argentine jobs,” he asked.
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De la Serna focused on unequal competition from Chinese platforms and the threat it poses to local businesses and jobs.
When asked about the expansion of Chinese platforms such as Temu and Shein in the region, Juan Martín de la Serna said it is important to have the same good regulatory framework for all those competing, and that regulation is very important in both finance and commerce.
The executive who heads the country’s Mercado Libre was speaking at the annual conference of consulting firm Abesev. Bloomberg highlighted Mr. de la Serna’s comments as Mercado Libre’s clearest criticism so far of the accelerated growth of Mr. Temu, Mr. Shein and other Asian rivals.
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