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Shopee India: Sea Begins Seller Recruitment & Website Launch

September 27, 2021
Shopee India: Sea Begins Seller Recruitment & Website Launch

Shopee's Potential Entry into the Indian E-commerce Market

Shopee, a leading e-commerce platform in Southeast Asia, is reportedly preparing to expand its operations into India. This follows recent expansions into several countries within Latin America.

Quiet Launch and Seller Onboarding

Owned by Sea, a Singapore-based company, Shopee has reportedly launched a dedicated website for Indian sellers. This move occurred after a period of discreet efforts to attract merchants from the South Asian nation, as discovered by TechCrunch.

Despite being a relatively recent entrant to the Southeast Asian market, Shopee is actively registering sellers in India. The platform’s website indicates that these sellers can soon begin fulfilling customer orders.

Attractive Incentives for Sellers

Internal company materials reveal that Shopee intends to waive commission fees for sellers operating within India. Furthermore, the platform promises to provide free shipping options and ensure prompt payment processing.

Sources familiar with the situation suggest that Shopee is currently “testing the waters” in India, with a full-scale launch still under consideration. The company has not yet issued an official comment regarding these developments.

Resources and Local Compliance

Shopee is providing comprehensive guides to assist merchants with platform registration. These resources also cover adherence to Indian tax regulations and efficient bulk order management.

The company has publicly identified the local Indian entity responsible for operating the service. Corporate filings with India’s Ministry of Corporate Affairs confirm the recent incorporation of a company matching this description, established two months prior.

Platform Features and Market Dynamics

Shopee operates as a marketplace, connecting buyers and sellers directly. The platform is particularly focused on mobile users and incorporates social features.

  • Customers can follow sellers to receive updates.
  • Direct messaging between customers and sellers is enabled, even without a prior purchase.

India's E-commerce Growth and Competition

The Indian e-commerce market is currently led by Flipkart and Amazon. Analysts at Bernstein project its value to reach $133 billion by 2025, a significant increase from $24 billion in 2018.

Social commerce is also gaining momentum in India. Meesho, based in Bangalore, is reportedly seeking funding at a $5 billion valuation. Similarly, DealShare, located in Jaipur, is exploring new financing rounds exceeding $1 billion.

Launch Timeline

Analysts at Bernstein anticipate that Shopee will officially launch its Indian operations in the coming month.

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