Shopee news and trends

Today in Retail: May Retail Sales Dip 0.3%; H&M Gets Q2 Boost in Foot Traffic
Retail // June 15, 2022

Today in retail, retail sales fall unexpectedly in May, while shoppers return to H&M stores. Plus, retailers fight fraud, Shopee cuts staff, Walmart teams with Miranda Lambert, and Clip Money and Staples partner. Get the Full Story Complete the form to unlock this article and...

Shopee Cuts Food Delivery, Online Payments Staff
eCommerce // June 15, 2022

Singapore-based eCommerce giant Shopee is trimming staff for its food delivery ShopeeFood and online payment ShopeePay teams in Southeast Asia, according to a Yahoo News report that points to an internal memo circulated Monday (June 13). Get the Full Story Complete the form to unlock...

Brazil Central Bank OKs Singapore’s Shopee App as Payment Services Provider
Digital Payments // May 02, 2022

Shopee, the Singaporean shopping app, has gotten authorization from the central bank in Brazil to operate as a payment institution, Reuters reported Monday (May 2). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Shopee Launches Digital Retail Initiatives
Retail // January 14, 2022

Five partner brands of eCommerce platform Shopee hit at least $100 million in gross merchandise value (GMV) in 2021, while Shopee Mall saw an eightfold increase in the number of users shopping online at least once a month during the year, according to a Tech...

Quick Reads
Shopee Acquires Blu’s Local Credit Arm, Grows Presence in Brazil

December 18, 2023
Shopee, an eCommerce firm owned by Singapore-based Sea, is expanding its presence in Latin America with the acquisition of the local credit arm of Brazilian FinTech company Blu. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily […]

Shopee Cuts Food Delivery, Online Payments Staff

June 15, 2022
Singapore-based eCommerce giant Shopee is trimming staff for its food delivery ShopeeFood and online payment ShopeePay teams in Southeast Asia, according to a Yahoo News report that points to an...

Brazil Central Bank OKs Singapore’s Shopee App as Payment Services Provider

May 02, 2022
Shopee, the Singaporean shopping app, has gotten authorization from the central bank in Brazil to operate as a payment institution, Reuters reported Monday (May 2). Get the Full Story Complete...

Shopee Launches Digital Retail Initiatives

January 14, 2022
Five partner brands of eCommerce platform Shopee hit at least $100 million in gross merchandise value (GMV) in 2021, while Shopee Mall saw an eightfold increase in the number of...