News
Sea is pulling Shopee from India as overseas expansion drive fizzles
Sea Ltd is withdrawing Shopee from India’s retail market just months after starting operations there, the second pullback this month. Read more…
Shopee
News
Tencent trims stake in Shopee owner Sea with $3 billion selloff
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…
News
Sea adds mobility to Shopee app via Blue Bird taxi tie-up in Indonesia
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…
News
Alibaba to grow Lazada amid intensifying SEA competition and scrutiny
Alibaba is set on growing its Southeast Asian e-commerce arm Lazada to rival Indonesia’s GoTo, Shopee, and MercadoLibre. Read more…
News
Singapore’s Sea Limited reports mixed results for Q321, stocks down
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…
News
Singapore’s Shopee app big hit in Brazil, now plans India launch
Shopee took just two years to become Brazil’s most downloaded shopping app, winning users with its game-changing, low-cost approach. Read more…
