Sea earlier this month said revenue growth of its e-commerce business was expected to halve to around 76% this year from a blistering 157% in 2021, amid fewer online purchases and engagements as more countries emerge from the pandemic, , e-commerce, sea
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Shopee users who have the app installed on their smartphones have received the closure message. The e-commerce platform is no longer taking orders in the country.
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. The announcement follows India’s decision to ban Sea’s popular title “Free Fire” in the country last month, a move that contributed to a loss of over $15 billion in […]