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Shopee is available mostly in Southeast Asia and Brazil after exiting India, and some markets in Europe and Latin America. Sea beats revenue estimates as Shopee turns profitable, shares jump Skip ...
Sea Ltd beat revenue estimates for the second quarter and raised its forecast for e-commerce platform Shopee, signaling robust demand for online shopping in Southeast Asia and sending its U.S ...
Shopee was established in Singapore in February 2015 as a mobile-focused marketplace that enables users to browse, shop, and sell products. [9] The platform integrates logistical and payment support to facilitate transactions and is designed to operate with minimal physical assets.
Analysts have said Shopee benefited from an early start of Ramadan in the quarter, while Sea's digital business gained from the popularity of online multi-player game Free Fire. Sea's total ...
Lazada Group (Chinese: 來贊達; t/a Lazada) is an international e-commerce company and one of the largest e-commerce operators in Southeast Asia, with over 10,000 third-party sellers as of November 2014, and 50 million annual active buyers as of September 2019. [3] [4] [5] [needs update]
Lazada warehouse in Cabuyao, Laguna, Philippines during the company's 11.11 sale promotion in 2018. Lazada Group is a subsidiary of Alibaba Group and Alibaba co-founder Lucy Peng Lei is CEO of the company. In February 2015, Alibaba invests US$590 million in Meizu, acquiring an undisclosed minority stake. [100]
Zobel studied at the Ateneo de Manila University (1966–1968), Ladycross School (1968–1971), and Worth School (1972–1976) before earning a B.A. degree in economics (cum laude) from Harvard College in 1981, and an MBA from Harvard Business School in 1987. He is married to Elizabeth (Lizzie) Eder, a descendant of James Martin Eder. The ...
Pinduoduo was founded in 2015 by Chinese businessman and software engineer Colin Huang and initially focused on the agriculture industry. [5] [6] It developed at a time when Alibaba and JD had significantly consolidated the Chinese e-commerce market and many analysts believed there was limited room for new market entrants.