WebMar 28, 2024 · Shopee's India business began in October 2024 as part of an aggressive international push that saw it expand into Europe. ... One person with direct knowledge of the company's thinking said Shopee's decision to exit from India was sparked in part by stricter regulatory scrutiny that saw Sea's gaming app Free Fire banned as part of a crackdown ... WebApr 4, 2024 · Shopee, Sea’s ecommerce arm, stopped sales on its Indian platform at midnight on March 29, although the company told customers and platform vendors that it will continue to fulfil orders made earlier and also operate after-sales services related to payments, refunds, returns and dispute resolution till May 30.
Sea e-commerce unit Shopee to shut India operations
WebNov 16, 2024 · shopee india exit 2024 Year in Review: Ecommerce sector faces a post-Covid test From a constant tussle between Flipkart and Amazon for the numero uno spot and new launches fuel the race to delayed IPOs and regulatory concerns forcing the shutting of etailers , ecommerce had an eventful 2024. WebApr 4, 2024 · The India exit will allow Sea to focus on its core markets of Taiwan and Southeast Asia where it is the undisputed number one and the South American market … environment agency permits search
Sea e-commerce unit Shopee to shut India operations - CNA
WebMar 28, 2024 · The withdrawal, effective beginning March 29, comes weeks after its e-commerce arm Shopee said it was pulling out of France and after India banned Sea's … WebApr 4, 2024 · Shopee, Sea's ecommerce arm, stopped sales on its Indian platform at midnight on March 29, although the company told customers and platform vendors that it will continue to fulfil orders made earlier and also operate after-sales services related to payments, refunds, returns and dispute resolution till May 30. WebMar 28, 2024 · Shopee will cease operations in India from Tuesday and aims to process all orders placed before that. The company, however, said the decision to shut down e-commerce business in India has nothing to do with the government's ban on its popular game, but owing to "global market uncertainties". dr-ho\u0027s® perfectback rest