2026.03.06 Shopee Brazil Removes 'Minimum Purchase Quantity' Feature
Shopee Brazil Removes 'Minimum Purchase Quantity' Feature
To comply with Brazil's Consumer Protection Code, Shopee Brazil will remove the 'Minimum Purchase Quantity' feature effective March 6, 2026 (local time). From that date, all products on the site will support purchases starting from just 1 unit. For listings created before March 6 that have a minimum quantity set, the rule will be automatically removed by the system. The platform advises sellers to check their existing Brazilian store listings before the deadline and adjust their settings accordingly. For sellers whose business strategy relies on multi-unit sales, alternative approaches such as creating product bundles, adjusting pricing, or modifying product variations are recommended to adapt to the new rule.
Shopee Leases Record-Breaking 220,000 sqm Super Warehouse in Brazil
Shopee has signed the largest logistics warehouse lease agreement in Brazil's history, securing a 220,000-square-meter super warehouse under construction in São Paulo state, set for delivery within the year. This deal highlights the intense demand for logistics facilities driven by Brazil's explosive e-commerce growth—warehouse vacancy rates in the São Paulo region have fallen to 8%, with rents continuing to climb. Shopee currently operates 16 logistics centers in Brazil, and this new lease pushes its total leased area past that of Amazon in the country. The lessor, Marq, is Brazil's largest logistics real estate company, controlled by US-based Ares Management Corporation, with its business concentrated in São Paulo's core areas.
India's February Vehicle Retail Sales Surge 25.6% to 240,000 Units
India's retail vehicle sales showed strong year-on-year growth of 25.6% in February, reaching 240,000 units, reflecting improved demand across vehicle types and a positive market sentiment. Growth was driven by demand for passenger vehicles, two-wheelers, commercial vehicles, and tractors, supported by stronger consumer confidence, improved financing access, and economic stability. The rural market continues to underpin automotive consumption across multiple segments. Passenger vehicle sales grew due to stable demand and improved supply, two-wheelers benefited from rural demand and increased mobility needs, while growth in commercial vehicle and tractor sales points to a recovery in infrastructure, construction, and agricultural activity. The industry cites festive demand, favorable loan conditions, and better vehicle availability as key growth drivers, with future resilience expected from infrastructure development, economic growth, and sustained urban and rural demand.
Vietnam and UK Collaborate to Develop Derivatives Market, Aiding International Finance Hub Ambitions
Vietnam and the United Kingdom are strengthening cooperation to develop a modern commodity derivatives market, seen as a key component of Vietnam's roadmap to build an international financial center. On March 5, the British Embassy in Hanoi and Boston Consulting Group co-hosted a capacity-building conference to discuss strategies for establishing a transparent and globally connected commodity and derivatives market. A Vietnamese Deputy Minister of Industry and Trade stated the government has issued Decree 330 to regulate commodity exchange operations, introducing a flexible legal framework aligned with international practices and establishing an independent clearing house model to strengthen risk management. In 2025, Vietnam's commodity derivatives market trading volume grew 34% year-on-year to 1.54 million contracts, with a total value exceeding VND 1.9 quadrillion, though linkage between the derivatives and physical commodity markets remains insufficient. Vietnam therefore plans to pilot exchange-based spot trading for key commodities to form domestic benchmark prices and enhance global pricing influence. The conference focused on global market trends, development models, and international experience, emphasizing the need to strengthen risk management and international cooperation to attract investors. The British Ambassador affirmed Vietnam's potential to become a regional derivatives trading hub and pledged continued support for its international finance center development.