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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]
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 ...
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 ...
The company first focused on game publishing. [8] Over the years, Li's company diversified its business to include e-commerce and digital financial services. [9] In 2015, Garena launched Shopee, an e-commerce platform that grew to become one of the leading online shopping service providers in Southeast Asia. [10]
It owns and operates a diverse portfolio of companies around the world in numerous business sectors. On 19 September 2014, Alibaba's initial public offering (IPO) on the New York Stock Exchange raised US$25 billion, giving the company a market value of US$231 billion and, by far, then the largest IPO in world history. [ 8 ]