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TikTok Shop is coming for Shopee’s e-commerce crown

In Singapore, Shopee still leads by a wide margin, holding a 52% of market share as of 2025

TikTok Shop has dethroned Shopee as the leading e-commerce platform in Thailand, with sales volume surpassing Shopee by just 3 percent. This shift in dominance hints at a potential decline in Shopee's dominance across Southeast Asia. TikTok Shop is set to launch a standalone app and could soon threaten Shopee's stronghold in Vietnam as well.

Meanwhile, Shopee remains the dominant force in Singapore, holding a 52 percent market share as of 2025. Analysts predict that TikTok Shop could overtake Shopee in Vietnam within the next six to nine months, given its current growth trajectory.

Written by urgent.news from The Business Times - Companies & Markets's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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