Shopee shuts down India operations six months after launch

FILE PHOTO: A sign of Shopee, the e-commerce arm of Southeast Asia's Sea Ltd, is pictured at its office in Singapore, March 5, 2021. REUTERS/Edgar Su/File Photo

Singapore-headquartered technology giant Sea Limited has ended its e-commerce foray in India, about six months after it entered the country, and just a month after it pulled out of France.

The company said the decision is due to the current volatile economic situation.

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