Blog > Marketplace News > Shopee Korea Plans to Achieve 300% Sales Growth in The Thai Market Next Year
Shopee Korea Plans to Achieve 300% Sales Growth in The Thai Market Next Year
Jayson 12 Sep 2024 11:20
According to media reports, Shopee Korea recently announced plans to achieve a 300% sales growth in the Thai market next year. Shopee Korea's orders from Thailand increased by about 191% from January to July this year, which is more than three times that of other markets in Southeast Asia.
During the same period, beauty and personal care categories became the category with the highest order volume. Shopee believes that this trend will continue to grow.
Shopee Korea CEO Kwon Yoon-ah said that it will support various services, including logistics services, to help Korean sellers develop their business in Thailand.
Shopee emphasized that optimized local fulfillment services enable Korean sellers to deliver products to Thai consumers within two to three days. So far, about 46% of orders in Thailand have been delivered locally, allowing local consumers to buy Korean products as quickly as domestic products.
During the same period, beauty and personal care categories became the category with the highest order volume. Shopee believes that this trend will continue to grow.
Shopee Korea CEO Kwon Yoon-ah said that it will support various services, including logistics services, to help Korean sellers develop their business in Thailand.
Shopee emphasized that optimized local fulfillment services enable Korean sellers to deliver products to Thai consumers within two to three days. So far, about 46% of orders in Thailand have been delivered locally, allowing local consumers to buy Korean products as quickly as domestic products.
