The Art of Trading: Navigating the Online Fee Hike Maze
THE HANOI TIMES — With the looming rise in transaction fees on e-commerce platforms, regulators are facing calls to act and ensure the sustainable development of online markets, sellers, and buyers. A snapshot of the Shopee platform. Photo: Pham Hung/The Hanoi Times Shopee has revealed that from April 1, they will be increasing fees from 0.5% to 6% across various categories, with some even reaching 10%. Similarly, TikTok Shop will be raising its commission fees. Regular sellers will see an increase from an average of 3% to 4%, while those in the Shop Mall segment will face a rise from the current maximum of 4.54% – 5.78% to a new rate of 6.05% – 7.7%. On top of these fixed fee hikes, platforms are also reducing incentives and tightening support policies, further adding to the financial burden on sellers. According to a report by Metric, a research firm, the combined revenue of Vietnam’s top five e-commerce platforms (Shopee, Lazada, TikTok Shop, Tiki, and Sendo) grew by 37% y...