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Sea Limited, a Singaporean company, experienced robust sales and profit growth during the second quarter of this year. The growth was fuelled by a strong performance across the company’s three main divisions. The company, which is listed in the US, reported a…
Shopee, Singapore’s leading online retail platform, has recently been penalized VND200 million (US$7,700) by the Vietnam Competition Commission (VCC) due to deceptive advertising practices linked to a free shipping campaign initiated in August 2025. Confusing…
Sea Limited, a Singapore-based tech conglomerate, has reported substantial growth in both sales and profit for the fiscal quarter ending March 31. This surge in growth has been attributed to the ongoing success of its e-commerce arm, Shopee. Impressive…
Sea Ltd, a Singapore-based conglomerate, has announced a significant increase in its sales and marketing expenditure during the third quarter. This resulted in a jump in revenue, but it also had a negative impact on profits. This increase in spending comes as…
Shopee, Southeast Asia’s leading e-commerce platform, is on a mission to revamp its logistics capabilities and bolster its presence in regional markets. The company recently announced a notable expansion of its logistics infrastructure in Indonesia, a key…
Sea Ltd, a formidable player in the digital commerce and gaming industries, exceeded market projections for quarterly revenue. The considerable surge was fueled by high demand for its Shopee e-commerce platform and its gaming division, leading to a near 19…
Sea Limited, the parent company of Shopee, has announced a notable increase in its revenues and profits during the first quarter of the year, indicating a robust start to the financial year. Impressive Revenue and Profit Growth The company’s revenue for the…
Alphabet Inc’s YouTube and e-commerce platform Shopee said on Wednesday they were launching an online shopping service in Indonesia and planned to expand it in Southeast Asia as competition picks up with a rival operator owned by TikTok. Under the YouTube…
Indonesia’s antitrust agency on Wednesday said in a statement that e-commerce firm Shopee had admitted to having violated a monopoly rule for its courier service in Indonesia. The agency also said Shopee has agreed to make adjustments to its operating…
Shopee continued to dominate Vietnam’s e-commerce market with a 67.9% share in the first quarter, followed by TikTok Shop with a 23.2% market share. Lazada and Tiki are in third and fourth places at 7.6% and 1.3%, according to a new report by e-commerce…
Brazil’s postal service Correios said on Wednesday it has signed an agreement with Singaporean shopping app Shopee to boost exports of Brazilian products to Southeast Asian markets. Shopee, owned by Southeast Asian tech giant Sea, signed a memorandum of…
Southeast Asia’s largest e-commerce firm Shopee will close its Polish operations from the end of Friday, Shopee Polska announced on its website on Thursday. “The fact itself is perhaps not a big surprise, since Shopee has already withdrawn from some of its…
Grab , Southeast Asia’s biggest ride-hailing and food delivery firm, does not envisage having to undertake mass layoffs as some rivals have done, and is selectively hiring, while reining in its financial service ambitions. Chief Operating Officer Alex Hungate…
Southeast Asia’s largest e-commerce firm Shopee has rescinded dozens of job offers in the past two weeks, sources said, a move that began shortly after parent company Sea Ltd reported widening losses and sharply slower revenue growth. Four people interviewed…
Sea Group’s e-commerce arm Shopee is laying off staff across multiple markets as it seeks to rationalize its e-commerce business, DealStreetAsia has learned. The layoffs have affected employees across several of the company’s Southeast Asian markets including…
Alibaba’s Southeast Asian e-commerce arm, Lazada, has named James Dong as its new group CEO as the region’s Shopee-dominated competition steps up. In his new role, Dong wil oversee Lazada’s expansion plan into Euroupe. The 42-year-old CEO will succeed Chun…
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