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Sea Ltd

shopee china layoffs
News

Shopee spree continues with layoffs in China and Indonesia

September 21, 2022 Joana Bagano 0

Shopee is cutting jobs in China, Indonesia and elsewhere as Sea Ltd struggles to reassure investors it can achieve self-sufficiency within 18 months. Read more…

sea ltd shopee
News

Sea Ltd shuts down Shopee operations across Latin America

September 9, 2022 News Centre 0

Sea Ltd’s e-commerce arm Shopee told employees it was shutting down local operations in Chile, Colombia, and Mexico and leaving Argentina entirely. Read more…

shopee sea ltd
News

Shopee rescinds job offers in the wake of Sea losses

September 7, 2022 News Centre 0

Shopee has rescinded dozens of job offers in the past two weeks, shortly after parent company Sea Ltd reported widening losses and sharply slower revenue growth Read more…

digital banking licenses
News

Grab and Sea among winners of digital banking licenses in Malaysia

May 4, 2022 Joana Bagano 0

Bank Negara Malaysia (BNM) has issued digital banking licenses to five players, including consortiums led by Grab-Singtel and Sea. Read more…

grab and sea
News

Grab and Sea plot comeback strategies as market caps nosedive

April 6, 2022 Joana Bagano 0

Grab and Sea Ltd sink to the bottom of the MSCI Asean Index and lose a combined $71 billion in market value. They have plans to get it back. Read more…

sea is shopee india
News

Sea is pulling Shopee from India as overseas expansion drive fizzles

March 28, 2022 News Centre 0

Sea Ltd is withdrawing Shopee from India’s retail market just months after starting operations there, the second pullback this month. Read more…

garena free fire sea ltd
News

Garena woes knock $127b off Sea Ltd’s market value

March 4, 2022 Joana Bagano 0

Sea Ltd reported a Q4 net loss of $10.4 billion and a $127 billion drop in market value due to weak performance from its gaming unit Garena. Read more…

free fire sea
News

Singapore complains to India over ‘Free Fire’ game ban

February 24, 2022 News Centre 0

Singapore has raised concerns with India about Sea’s “Free Fire” game being included in its sweeping Chinese app bans. Read more…

Sea Ltd fundraising valuations Southeast Asia
News

Singapore-based gaming and e-commerce company Sea Ltd raises $6bn

September 11, 2021 News Centre 0

Singapore-based gaming and e-commerce company Sea Ltd has raised about $6 billion, making it Southeast Asia’s largest fundraising. Read more…

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