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In sudden decision, Shopee leaving Indian market

Shortpedia

Content Team
Image Credit: economic times

In a seemingly sudden decision, Singaporean e-commerce firm Shopee, part of the Sea group, is leaving the Indian market, mere months after it launched here, the company told employees in a town hall meeting. “In view of global market uncertainties, we have decided to close our early-stage Shopee India initiative,” the Sea group said in a statement.