A UP2Tech, a global technology and innovation company, announced a partnership with Shopee, one of the world’s leading e-commerce platforms. Through this alliance, UP2Tech expands its presence in digital retail, solidifying its position as one of Brazil’s top technology distributors.
The company will now directly sell high-value-added products on Shopee, such as PlayStation, laptops, and TVs, strengthening its footprint in e-commerce and broadening its reach to end consumers. In a meeting with Shopee executives—Chris Feng, President of Sea Group; Pine Kyaw, Country Manager; and Felipe Lima, Head of Business Development Brazil—the expectation is that this partnership will generate R$20 million in monthly revenue, representing 1000% growth compared to the previous year.
After a successful 2024 with revenues of R$500 million, UP2Tech projects growth to R$1 billion in 2025. For 2026, expectations are even more ambitious, with the goal of surpassing R$2 billion.
In addition to Shopee, UP2Tech already operates directly on the country’s largest marketplaces, such as Mercado Livre, Amazon, Magalu, Kabum, Kalunga, Carrefour, B2W, and Via Varejo, as well as regional retailers. With over 10 years of experience in telecommunications, IT, and electronics, the company stands out for its agility in distribution and its curation of innovative products.
“It is with great enthusiasm that we announce this partnership, further strengthening our commitment to bringing cutting-edge technology to Brazilian consumers. By integrating widely recognized brands into our portfolio, we ensure these products reach consumers quickly and affordably,” says Rodrigo Abreu (Kalu), CEO of UP2Tech.
With this new phase, UP2Tech reinforces its position as one of the leading players in the technology distribution market, expanding its share in e-commerce and driving its growth in the coming years.
