Online retailers set to hike sales fees - News Summed Up

Online retailers set to hike sales fees


The firm implemented a fee increase of 2-3% on July 1, with the new fee ranging from 5% to 8%, depending on the product category for marketplace sellers. Shopee, Lazada and TikTok are expected to continue to increase sales transaction fees to grow revenue, which raise costs for local merchants. So far this year, the three major e-commerce platforms in Thailand have raised their fees at least twice, and two of them raised their fees at almost the same time. Shopee raised its fee in April this year from a range of 4-7.49% to 5-8.56%, depending on the product category. Both increased fees to 2% in October 2022.


Source: Bangkok Post August 03, 2024 10:40 UTC



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