E-commerce platform Shopee on Thursday unveiled a P200-million seller support package to support some 80,000 Filipino enterprises hit by the coronavirus disease 2019 (COVID-19).
In a statement, Shopee said the fund covers lowered commission and operational costs which includes a P15,000 subsidy per seller who registered for the package.
They will also receive reduced commision and transaction fees, and a coin cashback and free shipping programs free of charge for one month.
"During these challenging times, it is important for us to find ways to help our sellers and SMEs maintain long-term business sustainability," Shopee Philippines associate director Martin Yu said.
"The launch of the Shopee Seller Support Package is part of our larger commitment to support our local communities through this COVID-19 period," he elaborated.
Shopee said it will also provide SME sellers who registered sales and marketing support in the form of 20% off shop vouchers to boost their online visibility and sales.
The company said it will also waive registration fees and will implement 0% commission fee for marketplace sellers, as well as educational support via Shopee University online courses.
"We will continue to work closely with our extended network of partners, sellers, and shoppers to adapt our business and initiatives where required, as we remain united in getting through this together as one big community," Yu said. —LDF, GMA News