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Shopee’s gross merchandise value hits US$3b in H1 2017
Since the launch of the free shipping programme in May, there has been tremendous growth in the Shopee platform with most of the sellers recording double their previous daily orders. u00e2u20acu201d Screen capture from Shopee Malaysia website

KUALA LUMPUR, June 9 ― Shopee, the largest e-commerce platform in Southeast Asia and Taiwan, has achieved over US$3 billion (RM12.8 billion) in annualised Gross Merchandise Value (GMV) across the region in the first half of 2017 and garnered over three million downloads in Malaysia.

In a statement today, it said Shopee’s tremendous growth was also validated by the increasing number of established brands that joined the platform including Nestle, Unilever, L’Oreal, Oppo and Huawei.

Regional Managing Director Ian Ho said shopee was committed to helping local entrepreneurs succeed in mobile commerce at zero cost, whereby regionally, this commitment saw the e-commerce platform achieving over US$3 billion in annualised GMV.

"Locally, the success can be seen from our ‘Cahaya Raya Bersama Shopee’ campaign that continues to outperform expectations. Our sellers are breaking new ground in sales, driven by the increasing number of Malaysians who shop online during Raya season,” he added. ― Bernama

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