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Cheapest on Shopee Bid Programme (“Programme”)

1.    INTRODUCTION
 
1.1. Cheapest on Shopee Bid Programme is a programme run by Shopee Mobile Malaysia Sdn. Bhd. (“Shopee”) on Shopee Malaysia platform, where Eligible Sellers (defined below) may participate to offer the best price for certain products which have been whitelisted by Shopee. The Programme commences on 27 May 2024 until such date as Shopee may determine in its absolute discretion (“Programme Term”). 
 
1.2. These Programme terms and conditions (“Programme Terms and Conditions”) supplement the Shopee Terms of Service and the other Shopee Policies, of which these Programme Terms form a part – please read the Shopee Terms of Service and the other Shopee Policies available on the Site as they contain important information regarding your rights and obligations. Any terms that are used in these Programme Terms and Conditions that are not defined here will have the meanings given to such terms in the Shopee Terms of Service and/or the applicable Shopee Policy. All terms and conditions described in these Programme Terms and Conditions are subject to change at Shopee’s discretion.
 
1.3. Shopee may modify these Programme Terms and Conditions at any time by posting the revised Programme Terms and Conditions on the Site. Your continued participation in the Programme after such changes have been posted shall constitute your acceptance of such revised Programme Terms and Conditions. 
 
 
2.    PARTICIPATION
 
2.1. This Programme is open to invited Shopee Sellers who: (i) offer their products on the Shopee Malaysia platform only; and (ii) meet certain eligibility criteria (“Eligible Seller”).
 
2.2. Shopee has sole discretion to determine eligibility criteria of Sellers for this Programme from time to time. 
 
 
3.    BIDDING
 
3.1. During the Programme Term, Shopee may publish certain types of products (“Whitelisted Products”) with the following information:
 
3.1.1.    the lowest price found on the Platform of the relevant Whitelisted Product during a certain period of time; and
 
3.1.2.    the minimum stock required for the relevant Whitelisted Product.
 
(“Whitelisted Information”)
 
3.2. The publication of Whitelisted Products for bidding may be carried out on a weekly basis for a period of time as determined by Shopee (“Bidding Period”).
 
3.3.  Eligible Seller may offer for sale, products that match the Whitelisted Products and Whitelisted Information by submitting the Eligible Seller’s proposed bid at the Shopee Seller Centre to match or better the Whitelisted Information (“Bid”). The Eligible Seller’s Bid may be lower than the Whitelisted Information provided. For all intents and purposes, the Bid is made and determined by the Eligible Seller based on the Eligible Seller’s own discretion.
 
3.4.  During the Bidding Period, Eligible Seller is permitted to:
 
3.4.1.    view the Whitelisted Products to Bid;
 
3.4.2.    submit and edit the Bid details;
 
3.4.3.   update the Eligible Seller’s pre-matched Whitelisted Products for bidding, but subject to Shopee’s review;
 
3.4.4.   self-nominate products that Eligible Seller’s deem as a match among available bidding groups Shopee provides, but subject to Shopee’s review;
 
3.4.5.    check registration status; and
 
3.4.6.    withdraw the Bid.
 
3.5.  At the end of a Bidding Period, the Bid with the lowest price and most suitable stock count will be determined as the winning bid (“Winning Bid”). The participating Eligible Sellers will be informed of the results on the following Monday after the end of the relevant Bidding Period (“Notification Date”).
 
 
4.    WINNING BID BENEFITS
 
4.1.The Eligible Seller of a Winning Bid will receive the following benefits its relevant product submitted for the Bid: 
 
4.1.1.    Special product labelling; and
 
4.1.2.    Placement within the Super Seringgit Microsite.
 
(“Benefits") 
 
4.2. The Eligible Seller agrees that the Benefits: 
 
4.2.1.  are applicable and usable for a period of seven (7) days commencing from the Notification Date (“Benefit Period”);
 
4.2.2.   are applicable and usable for the Winning Bid product only; and
 
4.2.3.   cannot be transferred to another product of the Eligible Seller.
 
 
5.    ELIGIBLE SELLER REPRESENTATIONS, WARRANTIES AND UNDERTAKING
 
5.1. The Eligible Seller hereby warrants and represents that: 
 
5.1.1.   it shall comply with these Programme Terms and Conditions, the Shopee Terms of Service and other applicable Shopee Policies at all times; and
 
5.1.2.   it shall not sell its products in any way which may cause it or Shopee to breach applicable laws.
 
5.2. The Eligible Seller undertakes that it shall sell the Winning Bid product in accordance with the Bid, throughout the Benefit Period. 
 
5.3. The Eligible Seller shall maintain strict confidentiality of all information and documents that are shared to the Eligible Seller by Shopee. 
 
 
6.    NON-ADHERENCE TO WINNING BID
 
6.1.  The Eligible Seller acknowledges and agrees that in the event the Eligible Seller fails to sell its product in accordance with the Winning Bid or breaches any of the terms under these Programme Terms and Conditions, Shopee shall have the right to remove all Benefits from the Eligible Seller and remove the Winning Bid product from all relevant microsites related to the Programme.
 
 
7.    GOVERNING LAW AND JURISDICTION
 
7.1. These Programme Terms and Conditions shall be governed by and construed in accordance with the laws of Malaysia without regard to its conflict of law rules. Unless otherwise required by applicable laws, any dispute, controversy, claim or difference of any kind whatsoever arising out of or relating to these Programme Terms and Conditions against or relating to Shopee shall be referred to and finally resolved by arbitration in Malaysia in accordance with the Arbitration Rules of the Asian International Arbitration Centre (Malaysia) (“AIAC Rules”) for the time being in force, which rules are deemed to be incorporated by reference in this Section. There will be one (1) arbitrator and the language of the arbitration shall be English. 
 
 
Last Updated: 27 May 2024

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