eCommerce
Sea’s profit growth faces pressure from higher Shopee, AI investments – Maybank
Sea’s earnings growth is expected to face pressure from higher investment spending, rising credit costs at its financial services business and a more moderate growth outlook for e-commerce platform Shopee, despite continued expansion across its three core businesses, Maybank Investment Bank Research said on Wednesday.
UOB KayHian raises Sea’s revenue forecasts after strong third quarter results
UOB KayHian has on Wednesday raise Sea's 2026/27/28 revenue forecasts by 3.9 percent/2 percent/2 percent and earnings forecasts by 3.7 percent/2.5 percent/0.4 percent, respectively, following the firm’s strong third quarter results.
Sea’s revenue surges 43.4 pct year on year in Q3 as Shopee hits record high
Singapore-based technology giant Sea said its revenue surged 43.4 percent year on year to $8.6 billion in the third quarter as its e-commerce arm Shopee hits record high.
Shopee says Singapore affiliate sales grew nearly 50 percent
Shopee says affiliate-generated sales in Singapore rose nearly 50 percent over the past year as its local affiliate network surpassed 300,000.
Digital Penang, TikTok Shop honor top sellers in Malaysia as accelerator closes
Malaysia’s digitalization agency Digital Penang and TikTok Shop have closed their TikTok Shop Accelerator Program, recognising the top three sellers from the incubation cohort.
Grab revenue rises 27% to $1.1B in Q3, adjusted EBITDA hits record $237M
Grab Holdings, known for Southeast Asia's superapp Grab, reported third-quarter 2026 revenue of $1,112 million, up 27 percent from a year earlier.
Meta launches Muse AI agent in Singapore with local connectors
Meta has launched its Muse personal AI agent in Singapore with connectors for shopping, travel, delivery, email, calendars and Instagram.
GoTo posts third consecutive quarterly profit as fintech growth offsets commission cap
GoTo Group recorded a third consecutive quarterly net profit as its fintech business expanded rapidly, offsetting pressure from Indonesia's ride-hailing commission cap.
Singapore-based car marketplace Carro sees opportunities in Chinese EV trend [interview]
Carro, Asia Pacific’s leading online automotive marketplace, sees the rise of Chinese electric vehicles (EV) in Southeast Asia as a tailwind for its used-car business, a spokesperson at Carro said to TNGlobal.
Car marketplace Carro sets up S$450M car-loan securitisation, first in Singapore
Carro, Asia Pacific’s leading online automotive marketplace has set up a S$450 million asset-backed securitisation facility backed by Singapore car loan receivables.
