Danny Elgar's questions to MercadoLibre Inc (MELI) leadership • Q1 2025
Question
Danny Elgar asked for MercadoLibre's view on emerging competition, specifically the launch of TikTok Shop in Brazil and the increased interest from competitors like Temu in Argentina.
Answer
Ariel Szarfsztejn, EVP of Commerce, commented that it is still 'early days' for TikTok Shop in the region and that its value proposition seems to overlap more with other platforms. Regarding Argentina, he acknowledged interest from Temu and Amazon but has not seen significant traction yet. He framed the market opening as an opportunity for MercadoLibre's own cross-border business, which launched promptly after regulatory changes.