Maria SantosFinance
DBS Cuts Sea Target as Shopee Spending Weighs on Profit Growth
Heavier investments in user subsidies, live-commerce infrastructure, and logistics fulfillment are eroding consolidated group margins.
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Garena
Every story tagged Garena on RetailNews Asia: reporting, analysis and market signals from across Asian retail and e-commerce.
Stories tagged Garena
4 stories in this topic
Wei ZhangLogistics
Sea Limited Posts $14.9 Billion First-Half Revenue as Logistics Spending Expands
Singapore-based Sea Limited lifted first-half revenue 47 percent to $14.9 billion, while logistics costs and credit provisions capped net profit growth at 9 percent.
Minjun ParkE-Tailing
Garena rebrands as Sea, plans to conquer Indonesian e-commerce
Garena, widely considered to be Southeast Asia’s most valuable startup, has rebranded itself as Sea Ltd. as the first step in an expansion plan to compete with China’s Alibaba and gain some ground in the untapped, but lucrative, Indonesian market. The…
Wei ZhangE-Tailing
$100m deal for RedMart?
A $100 million investment aimed at funding pan-Asian expansion is on the cards for Singapore’s online grocer RedMart. Discussions involving the Series C investment are said to be at an advanced stage, reportsTechCrunch, citing two sources. While closure is…