After Registering Million-Dollar Losses, Shopee, The Largest E-Commerce Company in Southeast Asia, Faces Setbacks Against Brazilian Retailers and Sinks to 9th Position on Black Friday
After registering million-dollar losses, Shopee sank in the sales ranking on Black Friday, the largest e-commerce company based in Singapore, being overtaken by Brazilian retail companies, suffering quite a curious setback.
According to data from Cortex, a company recognized for data intelligence for marketing and sales, Shopee dropped from the most accessed site by consumers during the event held in 2021 and sank to 9th place during the period between November 21 and 27, 2022.
This year, Americanas surpassed Shopee and led the ranking, climbing from 15th place to first position.
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Seven world powers including the US, China, and Russia are spending €22 billion on a reactor in the south of France that aims to confine plasma at 150 million degrees Celsius, ten times the temperature of the Sun’s core, using a magnetic field capable of lifting an entire aircraft carrier.
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Russia will build 10 facilities for recycling construction waste by 2030, including a 462,000-ton-per-year plant in the Kirov region that will transform rubble into laminated wood panels in the largest project of its kind ever planned in the country.
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A two-bedroom container house measuring about 30 m² was delivered for R$ 76,500, with electrical, plumbing, painting, doors, and windows already installed: the client only needed to connect water, electricity, and sewage.
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Singapore’s colossal project aims to transform 800 hectares of the ocean into a “barrier island” the size of 1,120 football fields, with floodgates, pumps, and a freshwater reservoir to hold back the advancing sea on the east coast.
The giant Amazon occupied second place and Apple came in third, followed by Casas Bahia, Magazine Luiza, and Mercado Livre, in that order.
Shopee Offers Dozens of Job Openings to Work in São Paulo
Since 2019, Shopee has been operating in Brazil with the aim of building solid foundations in the country, contributing to the acceleration of the local economy. Currently, there are dozens of job openings available in São Paulo for various education levels, with opportunities in all areas of the company’s operations in the country, from technology (products) to relationship professionals, operations, logistics, and management, strengthening different areas of the local economy. Submit your resume!
Brazilians Spend Double on Black Friday 2022
Global Black Friday sales once again exceeded the previous year. According to Admitad, a tech company that holds one of the world’s largest performance technology ecosystems, the volume of orders placed by Brazilians increased by 59% compared to last year.
In addition, the cart value (average price) increased by 109% during the promotional week compared to the normal period. Once again, the three categories with the highest sales volume were clothing, home and decor items, and electronics. Meanwhile, the traditionally favored electronics category significantly declined this year.


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