Shopee

Shopee Acquires Blu’s Local Credit Arm, Grows Presence in Brazil
Shopee Acquires Blu’s Local Credit Arm, Grows Presence in Brazil
December 18, 2023  |  eCommerce

Shopee, an eCommerce firm owned by Singapore-based Sea, is expanding its presence in Latin America with the acquisition of the local credit arm of Brazilian FinTech...

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Today in Retail: May Retail Sales Dip 0.3%; H&M Gets Q2 Boost in Foot Traffic
Today in Retail: May Retail Sales Dip 0.3%; H&M Gets Q2 Boost in Foot Traffic
June 15, 2022  |  Retail

Today in retail, retail sales fall unexpectedly in May, while shoppers return to H&M stores. Plus, retailers fight fraud, Shopee cuts staff, Walmart teams with...

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Shopee Cuts Food Delivery, Online Payments Staff
Shopee Cuts Food Delivery, Online Payments Staff
June 15, 2022  |  eCommerce

Singapore-based eCommerce giant Shopee is trimming staff for its food delivery ShopeeFood and online payment ShopeePay teams in Southeast Asia, according to a Yahoo News...

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Brazil Central Bank OKs Singapore’s Shopee App as Payment Services Provider
Brazil Central Bank OKs Singapore’s Shopee App as Payment Services Provider
May 02, 2022  |  Digital Payments

Shopee, the Singaporean shopping app, has gotten authorization from the central bank in Brazil to operate as a payment institution, Reuters reported Monday (May 2)....

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Shopee Launches Digital Retail Initiatives
Shopee Launches Digital Retail Initiatives
January 14, 2022  |  Retail

Five partner brands of eCommerce platform Shopee hit at least $100 million in gross merchandise value (GMV) in 2021, while Shopee Mall saw an eightfold...

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China’s Alibaba Sets $100B GMV Target
China’s Alibaba Sets $100B GMV Target
December 17, 2021  |  eCommerce

Chinese eCommerce giant Alibaba has set a $100 billion gross merchandise volume target for Lazada, its southeast Asian online marketplace. As Reuters reported Friday (Dec....

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Colgate-Palmolive Goes Direct to Consumer to Boost Sales in Asia
Colgate-Palmolive Goes Direct to Consumer to Boost Sales in Asia
December 07, 2021  |  Retail

Smile, Southeast Asia. Health and beauty stalwart Colgate-Palmolive is linking up with Singapore-based eCommerce giant Shopee to help the beauty brand grow its sales in...

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Alibaba And Shopee Face Off In Vietnam’s Marketplace Showdown
Alibaba And Shopee Face Off In Vietnam’s Marketplace Showdown
January 20, 2021  |  eCommerce

The Vietnamese eCommerce market is getting crowded with numerous different companies to choose from, a Financial Times (FT) report says, leading to a clash between...

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Thai’s KBank Offers Digital Loans To Online Sellers
Thai’s KBank Offers Digital Loans To Online Sellers
October 02, 2019  |  International

Thailand’s Kasikornbank (KBank) will provide loans of up to 600,000 baht ($19,570) to eCommerce merchants selling on the Shopee platform, Reuters reported on Wednesday (Oct....

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