Shopee Continues to Surge in Southeast Asia and Brazil
Jayson 21 Mar 2024 12:23
Shopee has performed well in the cross-border market and has achieved great results. In 2023, Shopee firmly maintained its leading position in Southeast Asia and continued to top the list of shopping app downloads. At the same time, the Brazilian market also achieved a counterattack and topped the list of shopping app monthly active users.
In terms of localized fulfillment services, the order conversion rate increased by 36% and the fulfillment efficiency increased by 50%;
In terms of live streaming business, Shopee's performance during the major promotion period was particularly outstanding. From the 9.9 major promotion, the number of cross-border live broadcast orders increased by 20 times compared with daily live broadcasts, and by the 12.12 major promotion, this number soared to 54 times, showing strong growth momentum;
In terms of ecological expansion, Shopee's proportion of new sellers' investment increased by 52%.
In terms of localized fulfillment services, the order conversion rate increased by 36% and the fulfillment efficiency increased by 50%;
In terms of live streaming business, Shopee's performance during the major promotion period was particularly outstanding. From the 9.9 major promotion, the number of cross-border live broadcast orders increased by 20 times compared with daily live broadcasts, and by the 12.12 major promotion, this number soared to 54 times, showing strong growth momentum;
In terms of ecological expansion, Shopee's proportion of new sellers' investment increased by 52%.
