Business

Sea's Shopee to open a distribution center in Brazil

Now the company wants to sharpen the competition with the big local e-commerce players, such as Mercado Libre and Magazine Luiza

Shopee interface
Photo: Shopee/Courtesy
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  • Singapore’s Shopee is the e-commerce eighth-most accessed by Brazilians;
  • The company already has more local domestic sellers in Brazil than sellers from other countries.

Singapore-based Sea‘s Shopee, an e-commerce platform, will open a distribution center in Brazil. The warehouse is being built in Barueri, in the state of São Paulo, as reported by O Globo.

Very popular in Singapore, its homeland, Shopee also has a strong presence in Vietnam, Malaysia, the Philippines, Indonesia, Taiwan, and Thailand.

READ ALSO: Driven by the e-commerce boom, Shopee doubles its bet on Brazil

Brazil was the giant’s first bet beyond Southeast Asia and now the company wants to sharpen the dispute with the big local e-commerce players, such as Mercado Libre and Magazine Luiza.

Today, Shopee is the e-commerce eighth-most accessed by Brazilians, according to data are from Similarweb at Beyond Borders, a study by EBANX, owner of LABS.

According to Reuters, Shopee already has more local domestic sellers in Brazil than sellers from other countries.

EBANX LABS
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