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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.
In May 2017, after raising US$550 million in a funding round, Garena underwent a corporate rebranding. [15] The parent company adopted the name Sea Ltd. to better reflect its diverse range of businesses, which now includes digital entertainment, e-commerce, and digital financial services. [16]
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 ...
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]
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 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]
Mall of Asia Complex – is an alternative business and tourism district, as well as the home of the SM Mall of Asia, SMX Convention Center (the largest private venue in the Philippines), OneE-com Center and SM Mall of Asia Arena (one of the largest private sports venues in the Philippines). The Mall of Asia Complex occupies 60 hectares of land ...
Carousell is a Singaporean smartphone and web-based consumer to consumer and business to consumer marketplace buying and selling new and secondhand goods. Headquartered in Singapore, it also operates in Malaysia, Indonesia, the Philippines, Taiwan, Hong Kong, Macau, Australia, New Zealand and Canada.