Shopee Shuts Down in India : Check Why?
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Shopee Shuts Down in India : Check Why?
Southeast Asian E-Commerce giant Shopee will stop its India operations amid global market uncertainties. It promised goods at a much lower price compared to Amazon, Flipkart, and others.
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Southeast Asian E-Commerce giant Shopee will stop its India operations amid global market uncertainties. It promised goods at a much lower price compared to Amazon, Flipkart, and others.
Singapore-based Shopee, an online marketplace started in Oct 2021 in India is now all set to wrap up its operations in the country. In just around 6 months Shopee will be shutting down in India on 29th March 2022 i.e. tomorrow. Currently, its website and app are still live.
Shopee said that this move is due to global market uncertainties. Its peers include Meesho, Snapdeal, Shopclues, Amazon, Flipkart, and others. It has got 10,000,000+ installs and 1,83,828 ratings and reviews on Google Play Store. Its average rating is 4.1/5.
Shopee announced to its local team in a company-wide town hall on 28th March 2022 (today) that it will exit India. Also, it dropped out of France a month ago. One more reason might be India banning Garena Free Fire which was Sea-backed just like Shopee. This ban had a huge impact because its market value dropped by $16 billion in just 1 day!
Shopee also said “We will work to support local seller and buyer communities and our local team to make the process as smooth as possible”.
Shopee showed great promise in India after its launch. It offered great offers and discounts to both customers (ex: free shipping) and sellers (ex: no commission). It had also tied-up with various online platforms for marketing and promotions.
Shopee is established in 9 countries including the likes of Brazil, Poland, Mexico, Columbia and Chile. It is a 7 year old e-commerce company.
What are your views on Shopee’s early exit from India? Please do share below. Even I placed an order (lakme product) on Shopee as it was available for much less price than Amazon and Flipkart, but they canceled it. A special thanks to our Dimer kartikxxx for first breaking this bye bye Shopee news.
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Last time koi deal bata do …
Order kar denge
Good that Companies with Major Chinese investors are winding up themselves before government crack them.
Looks like pre-prank show for April 1st? 🤔
Bcoz they’re advertising a lot for 4.4.22 sale for more than a month.
If it’s really true then it’s really sad to hear..! 😣
Never used it!
Its look like international Shopclues😂😂😂
It’s domestic AliExpress actually
jio kush hua…..
Isnt it a repost
bye bye Shopee Please Visit https://ddime.i...u6
have given credits in the article. pls check.
Never placed any order as the products are all like sadakchaap ones. Good its moving out of our country. Tata….bye-bye 😂
Its very good website for purchasing small small products have ordered more than 50+ items , not a single item came with poor quality.
Online ulhasnagar
It’s really heartbreaking…
They use to sell Vivo earphones @ 30/- which local shopkeeper is selling at 150/- in Chandigarh also the sound quality is matching with 1,500/- iPhone earphone. Bought 12 Nos and sold @ 100/- each.Customer bhi khush apun bhi khush
Really it is a bad news for us
I Recently discoved this
I felt very happy that some website like ebay is back but 😰
Very good android app
Shopee use karne ke baad pata chala amazon and flipkart kitna lootte hain.. same products ke liye..
Kisi mafia ka phone gaya hoga.. 
Bad news for us, it’s very good website, I have orders 50plus items, quality of the products are very very good with less price.
i had ordered some 10-15 items from shopee. It reminded me of ebay.
We need atleast one similar website for ordering unbranded products
Good news. They didnt answer to Indian Govt questions, flouted lot of rules. Such companies throw away cheap prices to capture consumer market, but as they say, when something is too cheap, it means they are using us.
Their parent company “Sea” kept sending data to Chinese servers inspite of warnings.
Just got to know about this site and checked products. Really good one. Sad to see it go
I was selling on Shopee
products were cheap because
no commission from sellers
no shipping chrages from buyers and sellers
that’ why it disrupted market and all sellers were selling products at very cheap rates
I too sold at cheap rates because no commsion and no shipping charges were there
but now its gone too sad ((
Sad to know of shopee, What alternatives do we have now for such products ?
So sad