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Shopee
Tech
Sea to shut Shopee India unit after political headwinds
Sea fell more than 9% in pre-market trading in New York.
March 28, 2022
Tech
Sea's secretive billionaire CEO opens up after 75% stock crash
CEO writes memo to staff after plunge in stock price to reassure continued spending on growth rather than focus on profitability
March 14, 2022
Digital Economy
Gaming billionaire Li's wealth plunge accelerates to US$10 billion after Tencent sale
Forrest Li is now Singapore's third-richest person
January 05, 2022
Digital Economy
Alibaba targets US$100 billion southeast Asian commerce business
Alibaba wants Lazada to serve more than 300 million users eventually
December 17, 2021
Results
Sea announces revenue surge, raises guidance but retains a net loss in 2Q2021
Sea, which owns Garena and Shopee, reported a revenue surge in 2Q2021, but retained a net loss of US$393.5 million
August 17, 2021
Broker's Calls
Contrary to popular perception, Shopee is highly undervalued: DBS
DBS says Shopee offers the highest growth among major e-commerce players globally.
April 07, 2021
Broker's Calls
Smooth sailing ahead for Sea as gaming and e-commerce arms experience strong 4Q20
CGS-CIMB analysts are positive on SEA after a strong 4Q2020, mainly due to Garena and Shopee
March 10, 2021
Disruption and Digitalisation
E-commerce platforms like Shopee gain traction amid global push towards digitalisation
The digitalisation wave and push towards online shopping in 2020 has helped widen the reach and patronage of the likes of Shopee.
March 04, 2021
Results
Sea Limited goes deeper into the red with FY20 net loss of US$1.62 bil despite 101.1% surge in total revenue
On a fully diluted basis, loss per share for the FY2020 and 4QFY2020 came in at US$2.78 and 87 US cents respectively.
March 02, 2021
Budget 2021
GST to be imposed on imported low-value goods, B2C imported non-digital services from 2023
Online shoppers may see their bill be more expensive come 2023, as Singapore plans to impose GST on imported low-value goods.
February 16, 2021