Singapore’s giant Sea said on Monday it is shutting down its e-commerce business, Shopee, in India, months after the firm began recruiting sellers in the country. The move follows India’s decision to ban Sea’s popular title “Free Fire” in the country last month.
A source familiar with the matter told TC the decision is not linked with Free Fire ban in India.
In September last year, TC reported that Shopee had quietly launched a website for sellers in India. The six-year-old e-commerce service, which was seen as a late entrant in Southeast Asia, was also onboarding sellers and offering them lucrative perks such as free shipping and zero commission.
This is a developing story.