Shopee

Sea’s e-commerce arm Shopee lays off staff in food delivery, online payments & global teams – report

Southeast Asian internet giant Sea Ltd's e-commerce arm Shopee will lay off some workers in its ShopeeFood and ShopeePay teams in the region. It will also let go part of its teams…

Sea Ltd’s Shopee to close down India operations – report

Shopee, the e-commerce arm of Singapore-headquartered Sea Ltd, said it is shutting down its operations in India "in view of global market uncertainties", Reuters reported on…

Sea Ltd’s Shopee exits France months after entering Europe – report

Singapore-headquartered Sea Ltd.’s e-commerce arm Shopee is said to be pulling out of France, retreating from a major market just months after launching its maiden foray into…

ShopeePay partners Malaysia’s GHL to expand its digital payments in the Philippines

ShopeePay, Shopee’s all-in-one mobile wallet, said Thursday it has partnered with Malaysia-based payment solutions provider GHL Systems Bhd to expand digital payment acceptance in…

Bank Negara Malaysia working with ‘relevant authorities’ to address concerns over BNPL

Malaysia central bank said on Thursday it is working with relevant authorities and others to address growing concerns related to buy now, pay later (BNPL) schemes. "While the BNPL…

Sea’s Shopee launches food delivery service in Malaysia rivalling GrabFood, Foodpanda

Singapore-headquartered tech conglomerate Sea Ltd's e-commerce arm Shopee has officially launched food delivery services ShopeeFood in Malaysia. The service, which will be rolled…

3 Reasons why Southeast Asia’s e-commerce is set to explode

The latest report from Facebook & Bain Company has proven that the “new normal” resulted in new purchasing habits which boosted digital consumption. The e-commerce sales in…

Singapore’s Sea Q2 revenue jumps 159% on-year; raises full year 2021 guidance

Singapore-headquartered e-commerce and gaming group Sea Ltd reported a 158.6 percent jump in revenue to $2.3 billion in the second quarter of 2021, mainly driven by growth in the…

Fintech, smartphone digital banking

Singapore now has 4 digital banks after MAS grants licences to Grab-Singtel, Sea Group, Ant Group, and Greenland Financial

The Grab Holdings Inc. and Singtel partnership to operate a digital bank gets a nod from the Monetary Authority of Singapore (MAS), allowing the consortium to accept deposits and…

Shopee is now an $8 billion juggernaut

Southeast Asian internet giant Sea—the company behind Shopee and Garena—has a lot of record highs in its latest financial report, which covers April to June and was released…