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 company Blu. This strategic deal, which has received preliminary approval from Brazil’s antitrust regulator CADE, will enable Shopee to offer credit...
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 Miranda Lambert, and Clip Money and Staples partner. Retail Sales Turn Negative, Reflect Broad-Based Consumer Caution U.S. retail sales unexpectedly...
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 report that points to an internal memo circulated Monday (June 13). In the memo cited by other news reports, Shopee...
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). The report came from a notice in the government’s official gazette. Shopee will be able to “manage prepaid payment accounts,...
February 19, 2026
Global technology company Sea has partnered with Google to develop artificial intelligence-powered innovations for Sea’s core business lines, including online games company Garena, eCommerce platform Shopee, and financial services provider Monee. This marks an expansion of an existing collaboration that includes Shopee’s participation in the YouTube Shopping Affiliate Program and Garena’s partnership with Google on […]
December 18, 2023
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 company Blu. This strategic deal, which...
June 15, 2022
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 report that points to an...
May 02, 2022
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). The report came from a...