Shopee
Singaporean e-commerce company
Follow Shopee on Notably News to receive short updates to your email — rarely!
| 2024 | Shopee customers experienced significant financial losses totaling $399,000 due to scams involving payments made outside the official app platform. |
| April 2024 | Singapore's Inter-Ministry Committee on Scams provided Shopee with a positive rating for its anti-scam strategies, which include robust user verification, enhanced transaction security, and effective loss remediation measures. |
| 2023 | Scammers posing as Shopee employees conducted an online job scam, causing over S$750,000 in financial losses. Shopee collaborated with the Singapore Police Force (SPF) to issue a public warning about the fraudulent activities. |
| 2023 | In Q4, Shopee reported a 46% year-on-year increase in gross orders, reaching 2.5 billion, with gross merchandise value rising 28.6% to US$23.1 billion. |
| 2023 | By Q2, Shopee remained the largest online marketplace in Southeast Asia, with 30-50% traffic share, and ranked as the leading online shopping platform in Taiwan. |
| 2023 | Introduced the Brand Protection Partnership (BPP) initiative to enhance intellectual property protection for brand partners. |
| January 2023 | Shopee announced the closure of its Polish operations. |
| 2022 | Toni Gonzaga appeared on Shopee's platform for only ten days before being replaced by Jose Mari Chan for the 11.11 campaign. |
| 2022 | Achieved a positive adjusted EBITDA of $196.1 million for the first time in the fourth quarter, indicating improvements in revenue and operating costs. |
| September 2022 | Shopee ended local operations in Chile, Colombia, and Mexico, shifting to a cross-border model, and exited Argentina entirely. |
| September 29 2022 | Shopee confirmed Toni Gonzaga as their brand ambassador at a press conference, amid ongoing controversy surrounding the timing and ethical concerns. |
| September 28 2022 | Shopee Philippines faced public backlash as rumors spread about Toni Gonzaga becoming their brand ambassador, coinciding with reported massive layoffs. |
| September 15 2022 | Sea's CEO Forrest Li issued a memo announcing cost-cutting measures, including business expense restrictions, suspension of top executive compensation, and additional job cuts in Singapore, Indonesia, and China. |
| August 2022 | Shopee rescinded multiple job offers for employees who had already relocated to Singapore, causing significant disruption to job seekers who had quit their previous jobs and made relocation arrangements. |
| June 2022 | Conducted staff layoffs across multiple markets including Indonesia, Thailand, and Vietnam, with cuts also affecting ShopeePay and ShopeeFood. |
| March 2022 | Shopee ceased operations in India, just five months after launch. |
| November 2021 | Shopee entered the Indian market with a soft launch, achieving over one million app installations and handling 100,000 orders a day. |
| September 2021 | Shopee introduced its marketplace in Poland and launched operations in Spain and France. |
| April 2021 | Shopee faced public allegations of underpaying couriers in Indonesia, with package delivery rates reduced from US$0.34 to US$0.10 per package. Couriers reported no basic monthly salary, with only a US$7.90 bonus available for delivering 40+ packages daily and no compensation for fuel or parking expenses. |
| 2019 | Shopee expanded operations to Brazil, marking its first venture into Latin America. Gross orders grew by 92.7% to 246.3 million, and gross merchandise value surged by 72.7% to US$3.8 billion. |
| September 9 2019 | Shopee launched its 9.9 Super Shopping Day campaign featuring a viral video of Cristiano Ronaldo dancing to 'Baby Shark', which reached 19 million people and resulted in doubling gross orders and tripling e-commerce sales. |
| September 3 2019 | Officially opened a six-story regional headquarters at Singapore Science Park, with space to accommodate 3,000 employees, which is six times larger than its previous headquarters. |
| June 2019 | Shopee faced a major controversy in the Philippines when a Blackpink meet-and-greet promotion resulted in the #ShopeeScam trending on Twitter. The company initially offered passes to the top 568 spenders but then unilaterally retracted the winning tickets, with fans reporting sudden changes to contest mechanics just before the event. |
| 2017 | Launched Shopee Mall with 200 brands in Singapore and the Philippines, expanding its retail platform offerings. |
| December 2017 | Shopee became the third most visited e-commerce portal in Malaysia, overtaking Lelong, and became the top app on iOS and Google Play app stores. A survey revealed Shopee was the top shopping platform for Indonesian mothers, with 73% preferring it over other platforms. |
| 2016 | Launched Shopee University, an educational platform aimed at training local entrepreneurs and businesses in setting up online businesses. |
| February 2015 | Shopee was established in Singapore as a mobile-focused e-commerce marketplace, designed to enable users to browse, shop, and sell products with integrated logistical and payment support. |
This contents of the box above is based on material from the Wikipedia article Shopee, which is released under the Creative Commons Attribution-ShareAlike 4.0 International License.