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Shopee Pte. Ltd., trading as Shopee, is a Singaporean multinational technology company that specializes in e-commerce. It operates as a subsidiary of Sea Limited . Shopee was founded in 2015 in Singapore , and subsequently expanded its operations to other countries.
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]
The company first focused on game publishing. [7] Over the years, Li's company diversified its business to include e-commerce and digital financial services. [8] In 2015, Garena launched Shopee, an e-commerce platform that grew to become one of the leading online shopping service providers in Southeast Asia. [9]
The segment, which makes up more than two-thirds of the company's total business, reported an adjusted core profit of $34.4 million in the quarter ended Sept. 30, compared with a loss of $346.5 ...
E-commerce revenue, which makes up about two-thirds of the company's total, grew 34% to $2.8 billion, surpassing market expectations of $2.68 billion, according to LSEG.
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 ...
Shopee is a technology company focused mainly on e-commerce. Shopee was first launched in Singapore in 2015, and has grown to become the largest e-commerce platform in Southeast Asia and Taiwan. [26] The company also serves consumers and sellers throughout Southeast Asia (Singapore, Malaysia, Thailand, Philippines, Vietnam, Indonesia), Taiwan ...
On 16 October 2014, the Alipay company was re-branded as Ant Financial Services (now Ant Group). [179] One of the factors for Alibaba's success in this platform is the company's quick and reliable payment system, where it offers several types of payment systems such as credit card, debit card, Alipay, Quick-pay, and online banking. These ...