Shopee shuts operations in Poland

Shopee closed its Polish operations and stopped supporting new orders on Jan 13 after just more than a year of operation,

The southeast Asian e-commerce company said orders placed before the set time will still be completed.

Shopee’s Polish unit, Shopee Polska, was launched in September 2021 to mark the company’s foray into European e-commerce along with its opening in France. The company’s global expansion plan also saw it launch into India and Latin America.

Shopee has since withdrawn from India, France, and four Latin American locations.

From April through November last year, Sea Group, Shopee’s parent firm, had cut 7,000 jobs, or about 1 percent of the total headcount.

Shopee recorded a $931.2 million loss for the second quarter of last year after suffering a net loss of $433.7 million for the same period in 2021.