Ecommerce giant Shopee decided to shut down its India operations


In a sudden move, Singapore’s major ecommerce player Shopee decided to shut down its India operations. Shopee has announced the closure of its Indian operations due to market uncertainty.


The announcement comes nearly five months after the company began operations in the country, adding to the already crowded Indian ecommerce market. The new move comes just a month after India banned Free Fire, a game run by Shopee's parent company Sea Ltd.

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