On Monday, Shopee, which had announced its India entry last year, told its employees in a townhall meeting that the company will cease its India operations.
In a dramatic move, Singapore-based Sea on Monday announced to shut operations of its e-commerce portal Shopee in India that was witnessing fresh hirings and growth amid criticism from the local industry bodies and the government banning its .
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 "global market uncertainties".
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