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(Reuters) -South East Asian technology firm Sea Ltd beat third-quarter revenue estimates on Tuesday and said its e-commerce business, Shopee, turned profitable, sending its shares up more than 17% ...
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 ...
(Reuters) - Southeast Asian technology firm Sea Ltd beat estimates for first-quarter revenue on Tuesday, driven by strong performance of e-commerce unit Shopee, sending U.S.-listed shares of the ...
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.
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]
Bilyonaryo News Channel is a Philippine free-to-air and pay television news channel based in Quezon City, Philippines and it is currently owned by the Prage Management Corporation, the company behind business news website Bilyonaryo and other media platforms including Politiko and Abante. [1]
In December 2020, it was announced by the Inquirer Group that Radyo Inquirer will be transitioned into a digital news site. DZIQ went off-air in March 2020 and its television counterpart was shut down on December 31, 2020, due to the COVID-19 pandemic and Inquirer's loss of revenues caused by the lockdown as well as poor ratings of the station ...