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Shopee
Digital Economy
The new kings and queens of content
A bigger, newer and more competitive creator economy around live streaming is emerging and Southeast Asia is dominating.
14 days ago
Broker's Calls
Increased regional competition and spending by Sea has PhillipCapital and Maybank lowering TP to US$61 and U$62
Sea is gaining market share against competitors, but has come at a cost of profitability.
17 days ago
Broker's Calls
DBS raises Sea’s TP to US$78 on Indonesia’s social commerce ban
Any disruptions that TikTok sellers experience during the transition would likely be beneficial to Shopee.
September 28, 2023
Tech
Sea cuts more jobs at Shopee days after posting surprise profit
The latest cuts affect fewer than 500 full-time and contract workers in Shopee’s customer service team in Indonesia.
March 10, 2023
Broker's Calls
Sea’s share price to remain volatile near term on slower topline growth in FY2023: CGS-CIMB
The analyst forecast Sea to achieve adjusted ebitda breakeven by 2QFY2023
January 13, 2023
Tech
Sea's Shopee faces boycott calls in Philippines over brand ambassador
The backlash presents a new headache for Singapore-based Sea, already beset by ballooning losses,
September 30, 2022
Results
Sea's losses increase by 114% y-o-y in 2QFY2022
Notable expenditures were from R&D, as well as general and administrative expenses.
August 16, 2022
Global Economy
Briefs: Ukraine President Zelensky says shortage of foodstuff will 'inexorably' lead to political chaos
In other news, the US Fed announced largest rate hike in 28 years, with more to come.
June 17, 2022
Tech
Sea cuts jobs in shopping, food in first major downsizing
Southeast Asia’s largest tech firm plans to let employees go across its e-commerce division Shopee.
June 15, 2022
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