Blue Dollar Updates

Mercado Libre Takes Action Against Temu

Argentine e-commerce firm Mercado Libre has initiated a legal complaint against its Chinese rival, Temu. The filing, occurring in the context of the Asian platform’s expansion in the country as a result of import liberalization, represents the concluding phase of a commercial dispute that has persisted for several months. At this juncture, the decision rests … Read more

Blue Dollar Updates

Santa toys sold 7% less in Argentina this year

During the Christmas holidays, toy sales in Argentina decreased by 6.9% compared to the 2024 season, indicating a trend of more cautious consumer behavior and constrained household finances, according to the Argentine Toy Industry Chamber. “The result was better than anticipated, particularly in contrast to November, which had exhibited a significant and unforeseen decline,” stated … Read more

Blue Dollar Updates

MercadoLibre urges stricter regulations for Asian e-commerce competitors

The leader of MercadoLibre Inc’s operations in Argentina has advocated for stricter regulations concerning the rapidly expanding Chinese e-commerce platforms in Latin America, cautioning that a lack of equitable competition poses risks to local enterprises and employment opportunities. “It’s important to have a good regulatory framework that’s equal for everyone competing,” Juan Martín de la … Read more