SEA
Maybank: new monetization avenues to help Sea Ltd to achieve margin targets sooner
Maybank Investment Bank said Wednesday that new monetization avenues will help Singapore-based tech conglomerate Sea to achieve margin targets sooner.
October 9, 2024
News,FinTech,Singapore,eCommerce
Singapore’s Sea revises up guidance for Shopee amid strong e-commerce momentum
Singapore-based tech conglomerate Sea Limited has raised the outlook for its e-commerce arm Shopee amid strong e-commerce momentum.
August 14, 2024
Sea’s revenue up 22.8 percent year on year in first quarter
Southeast Asian technology firm Sea saw its total revenue rise 22.8 percent year on year to $3.7 billion in the first quarter.
May 15, 2024
News,FinTech,Singapore,eCommerce
Singapore’s Sea achieves first full year annual profit since IPO
Singapore-based tech conglomerate Sea Limited has achieved its first full year of annual profit in 2023 since its initial public offering (IPO). The firm posted a net income of $162.7 million in 2023, as compared to total net loss of $1.7 billion in 2022.
March 5, 2024
Sea Limited posts unexpected net loss of $144M in third quarter despite revenue rises
Singapore-based tech conglomerate Sea Limited has posted a total net loss of $144 million in the third quarter, as compared to total net loss of $569.3 million for the third quarter of 2022. The year-on-year improvement of losses was mainly due to higher interest income in the third quarter of 2023.
November 15, 2023
News,FinTech,Singapore,eCommerce
Singapore’s SEA reports higher revenue and profit in the second quarter
Singapore-based tech conglomerate Sea Limited has reported higher revenue and profit in the second quarter, underpinned by improved e-commerce businesses. The group's total revenue for the second quarter rose 5.2 percent year on year to $3.1 billion. It posted a total net income of $331 million in the second quarter, as compared to total net loss of $931.2…
August 16, 2023
SEA achieves total net income of $87.3M in 1Q as revenue rises
Singapore-based tech conglomerate SEA Limited has achieved a total net income was of $87.3 million in the first quarter, as compared to total net loss of $580.1 million a year ago. The group's first quarter total revenue was $3 billion, up 4.9 percent year-on-year.
May 17, 2023
Sea’s revenue rises 25.1% year-on-year to $12.4B in 2022
Sea Limited, Singapore-based e-commerce giant, said Tuesday that its revenue rose 25.1 percent year on year to $12.4 billion in 2022, underpinned by e-commerce growth.
March 8, 2023
News,eCommerce,Malaysia,Singapore,Logistics
Shopee’s parent firm Sea to increase investment in Malaysia
Sea Ltd,a Singaporean global consumer internet company, through its e-commerce platform Shopee, has committed to expand its investments in Malaysia. SEA's proposed expansion plans in Malaysia involving the setting up of cloudservices, data hosting and processing, as well as new logistics e-commerce warehouse.
January 30, 2023
Maybank Singapore partners PracBiz for supply chain finance
November 8, 2024
Lazada launches AI shopping assistant to boost sales
November 8, 2024
Maybank Singapore partners PracBiz for supply chain finance
November 8, 2024
Lazada launches AI shopping assistant to boost sales
November 8, 2024