
Shopee spree continues with layoffs in China and Indonesia
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…
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’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Shopee has rescinded dozens of job offers in the past two weeks, shortly after parent company Sea Ltd reported widening losses and sharply slower revenue growth Read more…
Sea Ltd is withdrawing Shopee from India’s retail market just months after starting operations there, the second pullback this month. Read more…
Tencent reduces its stake in Sea to 18.7% from 21.3%, but plans to retain the substantial majority of its stake for the long term. Read more…
Sea Ltd teams with with Blue Bird to launch a taxi ordering service in Indonesia, giving Shopee a mobility service to take on Grab and GoTo. Read more…
Alibaba is set on growing its Southeast Asian e-commerce arm Lazada to rival Indonesia’s GoTo, Shopee, and MercadoLibre. Read more…
Sea Limited shares fell 3.5% this week after releasing mixed earnings for the third quarter of 2021, as higher expenses offset earnings. Read more…
Shopee took just two years to become Brazil’s most downloaded shopping app, winning users with its game-changing, low-cost approach. Read more…
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