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Mar 29, 2022 · Less than six months after it launched, Shopee has said it is shutting down its operations in India. Why? How does this impact the social commerce market?
Mar 28, 2022 · Singapore’s giant Sea said on Monday it is shutting down its e-commerce business, Shopee, in India, months after the firm began recruiting sellers in the country.
Mar 29, 2022 · Singapore’s giant Sea announced its plan to shut down Shopee, its e-commerce platform, in India. Shopee entered the Indian market last year and gained wide popularity very quickly due to the wide range of budget offerings.
Mar 28, 2022 · E-commerce and gaming firm Sea Ltd said on Monday it is withdrawing from India's retail market just months after starting operations there, the second pullback this month in an overseas...
Apr 4, 2022 · Shopee, Sea's ecommerce arm, stopped sales on its Indian platform at midnight on March 29, although the company told customers and platform vendors that it will continue to fulfil orders made earlier and also operate after-sales services related to payments, refunds, returns and dispute resolution till May 30.
Mar 29, 2022 · One person with direct knowledge of the company's thinking said Shopee's decision to exit from India was sparked in part by stricter regulatory scrutiny that saw Sea's gaming app Free Fire...
Mar 28, 2022 · Sea e-commerce unit Shopee to shut India operations 'in view of global market uncertainties'. Shopee's India business began in October 2021 as part of an aggressive international push that saw it expand into Europe. Sea's market cap at the time was as much as $200 billion.
Mar 28, 2022 · During its stint in India, besides the heat on Sea Group through the banning of Garena Free Fire, Shopee had run into several hurdles. Earlier this year, an FIR was filed against the company in Lucknow by a complainant alleging duplicate products being delivered from the platform.
Mar 28, 2022 · E-commerce and gaming firm Sea Ltd said on Monday it is withdrawing from India's retail market just months after starting operations there, the second pullback this month in an overseas...
Mar 28, 2022 · SINGAPORE: Singapore-based e-commerce and gaming firm Sea Ltd said on Monday it is withdrawing from India's retail market just months after beginning operations there, citing Bangkok Post -...
