Shopee is a leading mobile only B2C/C2C ecommerce platform in Southeast Asia and Taiwan. In our local countries/regions (Singapore, Malaysia, Taiwan, Thailand, Indonesia, Philippine, Vietnam, etc.), our business model is similar to Alibaba’s Taobao in China. Local people/company can open an online shop on Shopee mobile App as a local seller, and local consumers can easily buy products from local sellers. We have around 2000 employees in our 7 countries or regions, achieved >1.8Bn USD annualized GMV in the first year of launch, and we have quickly become the #1 shopping app in Taiwan and Indonesia.
Our parent company, Garena (www.garena.com), backed by Tencent, is the largest Internet company in South East Asia, with 17 million monthly active users on PC / 11 million on mobile and 3.75 Billion USD valuation. The Chinese internet giant Tencent is a major shareholder of Garena.
We have launched our cross border business from China in early 2016, to recruit and manage sellers from China who open their shops on Shopee to sell to Southeast Asia and Taiwan.