Shopee opens five new distribution centers in Brazil - report

FILE PHOTO: A signage of Shopee, the e-commerce arm of Sea Ltd, is pictured at its office in Singapore, March 5, 2021. REUTERS/Edgar Su

SAO PAULO (Reuters) - Singaporean shopping app Shopee, owned by Sea Ltd, has opened five new distribution centers in Brazil in recent months to improve shipping processes and cut lead times, Brazilian newspaper Valor reported on Tuesday.

Shopee has become one of Brazil's most-downloaded e-commerce apps since its launch there in 2019, drawing users to its low-cost marketplace.