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Singapore-based Shopee e-Commerce Scales up Brazil Operations, Eyes Latam Potential- Sources

RIO DE JANEIRO, BRAZIL - Shopee, the e-commerce arm of Southeast Asia's Sea Ltd, is scaling up its operations in Brazil and evaluating the long-term potential of Latin American markets, according to two people with knowledge of the matter.

Shopee, the largest e-commerce platform in Southeast Asia according to market researchers, launched a small presence in Brazil in late 2019 as a pilot initiative of its cross-border team.

The company is now growing its presence and moving executives from Southeast Asia to Brazil, said the sources who were briefed on the matter but declined to be . . .

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