A lot of people know and even must have already made a purchase through Shopee. We are talking about a giant platform within the commerce electronic which has its headquarters in Singapore. The company ended up informing recently on its website in Argentina that it would be closing its operations in the country.
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The forecast was that the activities ended last Thursday, 8.
And it wasn't just in Argentina that the company announced the end of activities, as Mexico also received the same news. The only positive side of this story is that your customers will be able to continue buying the items they are interested in from international sellers, known as “cross border”.
It is worth noting that the operations in Colombia and Chile will also follow the same process. At least that's what the investigation carried out by the international press was able to point out.
Is Brazil at risk?
Initially, Shopee intended to focus its way of doing business on the model cross border for operations that are in an initial stage, which would be the case of Mexico, Colombia and Chile. Now as far as Argentina is concerned. country where there was what was considered one of the pilot operations, the initiative will actually be closed. "These changes are not related to our operations in Brazil", was what the company said in a note.
Still according to information about the communiqué in the Argentine country, which would be announcing the closure of activities from 10am, they pointed out that: “all orders placed on or before that time will continue to be processed and fulfilled normally. After-sales services and support will continue to be available until October 31st for all users who have made purchases on our platform.”
In the statement made available to the public in Mexico, we saw that the end of operations was expected to end at 8 pm. “Please note that domestic sellers will no longer be available on Shopee from September 8, 2022, 8pm onwards. All existing orders from domestic sellers will be delivered normally.”
It is also important to highlight that Shopee's chief executive, Chris Feng, told employees that because of this current very high macroeconomic uncertainty, the company would be focusing its resources on its main operations, which led to decision to maintain operations only in the three countries mentioned.
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