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Shopee to debut online sales in Spain soon
“Shopee, the ecommerce arm of Southeast Asia’s Sea, plans to launch online sales in Spain via its website and local apps, according to a social media account run by the company,” said a Reuters report.
Details:
- While a website for the country has not been launched yet, Shopee’s Spain Instagram account stated that the company will provide free shipping.
- Shopee is also testing the waters in Poland and India. (Read: How Shopee can succeed in Poland, India)
Dive deeper:
- Brazil could already be Shopee’s biggest market by monthly active users, exceeding even Indonesia, according to investment firm Bernstein. (Read: Brazil could become Shopees’s biggest market)
- Last month, internet giant Sea raised about US$6 billion in an equity and convertible bond sale.
Editing by Collin Furtado and Eileen C. Ang
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