June 16, 2021, 12:32

    Sea’s Shopee to launch in Chile and Colombia

    Sea’s Shopee to launch in Chile and Colombia

    Shopee, the e-commerce arm of Southeast Asia's Sea Ltd (SE.N), will launch in Colombia and Chile, where it plans to offer online sales via its website and localised apps, according to social media pages on the new services reviewed by Reuters.

    Social media pages for Shopee Colombia and Shopee Chile created on Wednesday said the company would offer free shipping in the countries.

    A spokesperson for Sea declined to comment.

    Shopee, the largest e-commerce platform in Southeast Asia, according to market researchers, launched a small presence in Brazil in 2019 as a pilot initiative of its cross-border team and has since been scaling up operations.

    It launched in Mexico in February.

    Sources at the company say Shopee views Latin America as a major new growth opportunity in cross-border sales, a market already explored by shopping app Wish.

    Sea's market capitalisation was $138.5 billion on Wednesday.

    Sourse: reuters.com

    Related posts

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    We use cookies in order to give you the best possible experience on our website. By continuing to use this site, you agree to our use of cookies. You can find a detailed description in our Privacy Policy.
    Privacy Policy