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Retail Asia27/07/2023

Brazil’s postal service Correios said on Wednesday it has signed an agreement with Singaporean shopping app Shopee to boost exports of Brazilian products to Southeast Asian markets. Shopee, owned by Southeast Asian tech giant Sea, signed a memorandum of understanding with Correios, along with the Brazilian Agency for the Promotion of Exports and Investments (ApexBrasil). […]

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Retail Asia13/01/2023

Southeast Asia’s largest e-commerce firm Shopee will close its Polish operations from the end of Friday, Shopee Polska announced on its website on Thursday. “The fact itself is perhaps not a big surprise, since Shopee has already withdrawn from some of its markets, and a few months ago it cut some of its jobs in […]

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Retail Asia26/09/2022

Grab , Southeast Asia’s biggest ride-hailing and food delivery firm, does not envisage having to undertake mass layoffs as some rivals have done, and is selectively hiring, while reining in its financial service ambitions. Chief Operating Officer Alex Hungate said that earlier in the year, Grab had been worried about a global recession and was […]

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Retail Asia07/09/2022

Southeast Asia’s largest e-commerce firm Shopee has rescinded dozens of job offers in the past two weeks, sources said, a move that began shortly after parent company Sea Ltd reported widening losses and sharply slower revenue growth. Four people interviewed by Reuters who have participated in a WeChat group of some 60 people that was […]

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Retail Asia15/06/2022

Sea Group’s e-commerce arm Shopee is laying off staff across multiple markets as it seeks to rationalize its e-commerce business, DealStreetAsia has learned. The layoffs have affected employees across several of the company’s Southeast Asian markets including Indonesia, Thailand and Vietnam, sources told DealStreetAsia. The company is said to have emailed employees affected by the […]

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Retail Asia06/06/2022

Alibaba’s Southeast Asian e-commerce arm, Lazada, has named James Dong as its new group CEO as the region’s Shopee-dominated competition steps up. In his new role, Dong wil oversee Lazada’s expansion plan into Euroupe. The 42-year-old CEO will succeed Chun Li, who will continue serve as adviser to the group’s chairman Jiang Fan and member of […]

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Retail Asia30/03/2022

Sports brand Reebok has appointed CRC Sports, a subsidiary of Central Retail, as its sole distributor in Thailand. According to CRC Sports, it will take responsibility for e-commerce operations and the wholesale distribution of Reebok, pushing growth opportunities and aims to make Reebok one of the top five sports brands in Thailand. CRC Sports plans […]

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Retail Asia29/03/2022

E-commerce and gaming firm Sea 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 expansion drive, as the loss-making firm faces a weak growth outlook. The withdrawal, effective beginning March 29, comes weeks after its e-commerce arm Shopee said it […]

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Retail Asia01/11/2021

Ninja Van, a Singaporean logistics startup and new ASEAN unicorn, is set to drive a broad strategy in Vietnam to benefit from the country’s strong e-logistics market growth. After successfully raising $578 million in Series E funding, Ninja Van has officially become an ASEAN “unicorn,”.Dzung Phan, president of Ninja Van, said while revealing the startup’s […]

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Retail Asia30/08/2021

Shopee took just two years to become Brazil’s most downloaded shopping app, winning users to its low-cost marketplace with its game-changing approach to e-commerce: in-app mini-games offering coupons to winning users. The Singapore-based company has combined online shopping with the gaming nous of its separate mobile game arm Garena – creator of “Free Fire”, Brazil’s […]

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Retail Asia20/05/2021

Singaporean technology group Sea – parent of e-commerce marketplace Shopee – more than doubled its revenues in 2021 thanks to growth in e-commerce and entertainment. Chairman Forrest Li said today the firm would now scale up its fintech offerings in Southeast Asia. “Digital financial services in our region are at early stages and we expect […]

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Retail Asia24/03/2021

In front of an open-air Jakarta restaurant, delivery drivers clad in the orange colours of Southeast Asia tech group Sea Ltd wait for orders next to the green-jacketed riders of market leaders Gojek and Grab, in what has become the latest battleground for tech supremacy in Southeast Asia. The humble noodles eatery signed up for […]

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Retail Asia19/02/2021

Shopee, the e-commerce arm of Singapore’s Sea Group, is planning on transforming Indonesian lender Bank Kesejahteraan Ekonomi (Bank BKE) into a digital bank, according to a «Reuters» report on Thursday. An Indonesia’s Financial Services Authority (OJK) official said that Shopee has yet to make an official application with the banking regulators, but is «currently preparing the infrastructure» […]

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Retail Asia26/01/2021

Shopee, the e-commerce arm of Southeast Asia’s SEA Ltd, is scaling up its operations in Brazil and evaluating the long-term potential of Latin American markets, according to two people with knowledge of the matter. Shopee, the largest e-commerce platform in Southeast Asia according to market researchers, launched a small presence in Brazil in late 2019 […]

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Retail Asia07/01/2021

CJ Olive Young, the country’s largest health and beauty product store, opened an online shop on Southeast Asia’s biggest e-commerce platform Shopee, Tuesday, as part of its global expansion plans. “From now on, Olive Young will actively seize opportunities in the global market to grow and lead the globalization of Korean cosmetics,” a CJ Olive […]

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Retail Asia14/12/2020

Shopee, the leading e-commerce platform in Southeast Asia and Taiwan, wraps up the year-end shopping season with a record-breaking 12.12 Birthday Sale. On 12 December, 12 million items were sold in the first 24 minutes and at its peak, 1 million items were bought in a single minute. Terence Pang, Chief Operating Officer at Shopee […]

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Retail Asia30/09/2020

Shopee’s press release said the Mall offers 100 percent authenticity guarantee, free shipping and 15 days return on all products, with an additional wave of unbeatable deals and promotions during the grand launch. Shopee, the leading e-commerce platform in Southeast Asia and Taiwan, has officially launched ‘Shopee Mall’, a new dedicated portal featuring thousands of […]

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Retail Asia15/09/2020

Chinese discount retailer Miniso has opened more than 40 stores in Vietnam, four years since it launched in the market. Miniso entered Vietnam with its first store in Hanoi in 2016. Since then, the brand has been the local’s favorite destination for discount merchandise. Miniso now has more than 700,000 fans following its Facebook account. […]

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Retail Asia08/05/2020

Malaysian online medical service DoctorOnCall has entered into a partnership with Shopee Malaysia to sell Covid-19 tests online. The rRT-PCR tests will be available for purchase at Shopee’s DoctorOnCall store, where customers will also be able to buy vouchers for home-delivered medication. In the coming months, Shopee will work with DoctorOnCall to extend usage of […]

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Retail Asia05/03/2020

Shopee Malaysia has launched a fresh food grocery delivery service, including vegetables, seafood, and poultry. Ian Ho, regional MD of Shopee, says Malaysia’s e-commerce market is in a hyper-growth stage. “For us, that means it is not time to slow down. We are identifying more areas to tap into, such as the fresh segment, to […]

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