Why Selling on Shopee Isn't the Same as Building Wealth
Selling on Shopee feels like progress. Orders come in, money moves, the dashboard has numbers going up. But feeling busy on a marketplace and building something that's actually yours are two different things, and it's worth being honest about which one you're doing.
The marketplace is renting you shelf space
Shopee alone controls roughly 60% of Malaysia's e-commerce market. Add TikTok Shop's rapid rise and whatever's left of Lazada, and marketplaces account for the overwhelming majority of what Malaysians buy online. If you're selling in Malaysia, you're almost certainly selling on one of these platforms, simply because that's where the buyers are.
Data and statistics based on independent research via [cube.asia](https://cube.asia/shopee-lazada-and-tiktok-shop-in-southeast-asia-what-the-data-shows-in-2026/).
And that traffic was never really yours. Shopee built it, and it lends you a sliver of it in exchange for a cut of every sale, a ranking algorithm you don't control, and a customer who belongs to the platform rather than to you. Win the algorithm today and you can lose it next month to someone willing to undercut you by three ringgit.
A system built to squeeze margins
This isn't a Malaysia problem specifically. It's what marketplaces are designed to do: commoditize sellers so buyers get the lowest price while the platform keeps its cut. The seller who "wins" today is often just whoever has the thinnest margin and the most patience for chasing free-shipping vouchers and flash-sale slots.
You can run a genuinely good business inside that system and still end up owning very little of it, in the sense that it can disappear the moment Shopee changes a rule, a fee, or a ranking factor. This isn't hypothetical. Sellers who built six-figure storefronts on these platforms have watched them get buried under a policy change they had no say in.
Where buying from an independent website is already normal
It's not only a US story, and it shouldn't be told as one. Amazon is enormous in America, sure, but a few other markets are worth a closer look too, because the picture changes country by country.
United States: Amazon is still the single biggest place people shop online. But independent stores, the kind built on platforms like Shopify rather than a marketplace, now make up roughly 14% of all US e-commerce by themselves, and together with Amazon they account for close to half the market, up from about 43% combined just a few years ago. Buying directly from a brand's own website is a normal, and growing, way to shop there.
Data and statistics based on independent research via [marketplacepulse.com](https://www.marketplacepulse.com/articles/amazon-and-shopify-are-now-half-of-us-e-commerce).
Australia is the most striking of the four. In a 2025 global survey, 93% of Australian and New Zealand shoppers said they were open to buying from an overseas retailer, one of the highest rates of any country in the survey. On the numbers, an Australian customer is unusually easy to sell to from abroad.
Data and statistics based on independent research via [dhl.com](https://www.dhl.com/global-en/microsites/ec/ecommerce-insights/insights/e-commerce-logistics/2025-cross-border-trends.html).
UK and Europe: cross-border shopping is already mainstream here too. Europe accounts for roughly 30% of all global cross-border e-commerce transaction volume, more than any region except Asia-Pacific, and globally about 3 in 5 shoppers say they've bought from a retailer outside their own country at some point.
Data and statistics based on independent research via [mordorintelligence.com](https://www.mordorintelligence.com/industry-reports/southeast-asia-cross-border-e-commerce-market).
These four aren't the only places this works, either. A Malaysian store pricing in USD, GBP or EUR can just as easily land a customer in Canada, Japan, Singapore or somewhere else entirely, once the checkout, shipping and marketing are actually set up for it. The US, UK, Europe and Australia are the focus here because they have the clearest public data behind them, not because they're the limit of what's possible.
Getting paid in a currency that works for you
There's a currency point worth being specific about. If your customer pays in USD, GBP or EUR, every ringgit of cost you carry at home (your own time, a freelancer, a top-up on ads) gets cheaper relative to what you're bringing in. You end up earning in a stronger currency while spending in a weaker one, and that adds up quietly, month after month.
This isn't a fringe opportunity, either. The cross-border e-commerce market out of Southeast Asia alone is projected to grow from roughly USD 50 billion in 2026 to USD 85 billion by 2031.
Data and statistics based on independent research via [mordorintelligence.com](https://www.mordorintelligence.com/industry-reports/southeast-asia-cross-border-e-commerce-market).
What actually changes if you make the switch
Selling internationally does take a bit more setup than a Shopee listing: a way to receive foreign currency, a supplier who can ship further than across town, and marketing aimed at people you've never met. None of that is exotic anymore, but none of it happens by accident either. Sellers who make the switch tend to treat it as a real second track built over weeks, not a link published this afternoon.
None of this is an argument that Shopee is worthless or that domestic selling can't work for some sellers. It clearly can. But if the goal is a business that's actually yours, a customer list you own, a margin you set, and a currency that works in your favor, the strongest version of that path right now runs through your own store, selling into markets where that's already how people shop.
That's the case for building a store from Malaysia that sells to the US, UK, Europe, Australia, and beyond, not just to Malaysia.
Cover photo by Ali Mkumbwa on Unsplash.
