Sea’s eCommerce arm exits France a few months into Europe foray


A Shopee sign at Sea Ltd’s office in Singapore. France was one of the most significant new markets for the Singapore-based Internet giant, which embarked on an aggressive international push last year to drive growth beyond South-East Asia. — Reuters

Sea Ltd’s Shopee is pulling out of France, retreating from a major market just months after launching its maiden foray into Europe.

The site will close on March 6, Shopee said in a notice on its website in the country, promising to complete all paid orders till then.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Tech News

How Agility Robotics uses artificial intelligence, from their humanoid 'Digit' to everyday workflow
Man who lost key motion in Elon Musk suit alleges judge used faulty AI
Netflix inks deal for exclusive video podcasts, episodes on YouTube will disappear
Nvidia to license Groq technology, hire executives
Spotify says piracy activists hacked its music catalogue
Italy watchdog orders Meta to halt WhatsApp terms barring rival AI chatbots
Podcast industry under siege as AI bots flood airways
Do online comments sections reflect public opinion? Study casts doubt
AI resurrections of dead celebrities amuse and rankle
US adds new models of China’s DJI and all other foreign-made drones to its blacklist

Others Also Read