Shopee PH: Shop Online is an e-commerce platform. Since its establishment in Singapore in 2015, Shopee's business scope has more than 10 markets including Singapore, Malaysia, the Philippines, Thailand, Vietnam, and Brazil.
Shopee has been growing since its inception. In the first quarter of 2019, Shopee's quarterly GMV increased by 81.8% year-on-year, total orders increased by 82.7% year-on-year. In 2021, Shopee's GAAP revenue will be $5.1 billion, a year-on-year increase of 136.4%, total orders will be 6.1 billion, a year-on-year increase of 116.5%, GMV will be $62.5 billion, a year-on-year increase of 76.8%.
In the second quarter of 2022, Shopee maintained its performance growth, of which the total number of orders was 2 billion, a year-on-year increase of 41.6%. According to the latest financial report data, the GMV of the Shopee e-commerce platform in the second quarter of this year was US$19 billion, a year-on-year increase of 27.2%, the total revenue was US$1.7 billion, a year-on-year increase of 51.4%.
On iOS App Store, the rating is 4.5 out of 5.0, with 500,600 user reviews. On Google Play, its rating is 3.5 out of 5.0, with 2,730,000 user reviews and more than 50,000,000 installs.
The most recent version 2.94.27 was released on Oct 11, 2022. The new version fixes many bugs. First, optimized battery consumption, then improvements to product uploading and editing. And the image search improvements and bug fixes.
In recent years, in the field of cross-border e-commerce, with the gradual tightening of platform policies in the European and American markets and the gradual maturity and saturation of the market, this has put forward higher compliance and diversification requirements for cross-border sellers. More and more cross-border sellers are turning their attention to the Southeast Asian and Latin American markets. With the gradual popularization of the Internet and mobile phones in Southeast Asia, the scale and growth rate of e-commerce in Southeast Asia has expanded rapidly, and the Shopee platform is the leader of the e-commerce platform in Southeast Asia and Latin America.
At the same time, it provides you with a large number of high-quality commodity resources, which can be selected at will, and there are many different types of authentic big brands on the platform. Because placing an order now has the opportunity to get a lot of preferential discounts and promotions, which can meet all your shopping needs.
Pros:
Safe online environment
1. Make smart purchases - scan seller ratings and reviews
2. Risk-free payment - Shopee Guarantee releases payment only after confirming receipt of the order
3. Powerful logistics support - track orders from payment to delivery with the latest shipping information
Seamless checkout and secure payment methods
1. Experience a fast and convenient buying process with our intuitive interface
2. Use your preferred method to transact.
Shop anytime, anywhere
1. Easily browse and shop from our comprehensive categories.
2. Get quality products from official brands from Shopee Mall
Cons:
The platform mechanism is not perfect, it may take some time.