
Shopee accelerates local SME growth with $39 million investment

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Shopee announced a S$50 million ($38.52 million) investment to boost Singapore SMEs' growth as it celebrates its 10th anniversary. The investment aims to lower start-up costs, enhance skills, and expand international pathways. Initiatives include commission fee waivers, cashback programs, AI tools, and logistics support. Shopee's commitment reflects its decade-long partnership with local entrepreneurs, focusing on sustainable growth amid technological and consumer shifts.
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