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…
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…
