Shopee went from growth-at-all-costs to survival mode. And now, it's back in growth mode, and for good reasons. Management is guiding for high-teens GMV growth in 2024. However, there is a lot ...
Shopee-owner Sea's high spending powers revenue beat, but weighs on profits Sea Ltd reported a sharp rise in sales and marketing expenses during the third quarter, boosting revenue but weighing on ...
Nov 12 (Reuters) - South East Asian technology firm Sea Ltd (SE.N), opens new tab beat third-quarter revenue estimates on Tuesday and said its e-commerce business, Shopee, turned profitable, sending ...
SINGAPORE -- Singapore-based technology company Sea has begun generating a profit in its core e-commerce business, Shopee, for the first time, attributing the returns to heavy investment in logistics.
As the world emerges from the shadows of Covid, ecommerce giant Shopee is facing some major challenges. Despite increasing its gross profit margin in the first half of 2022 to US$1.2 billion, the ...
Shopee reached a significant milestone when it reported its first adjusted EBITDA profit last year. However, competition is only becoming more intense in the e-commerce industry. Investors should ...
vivo is kicking off the Shopee 11.11 sale with the launch of the new V60 Lite, offering buyers up to ₱3,500 off and exclusive perks. The promo starts November 10 at 8PM and runs until November 17. The ...