Technology

Shopee’s parent company slowed its growth

Third-quarter results for Sea, Southeast Asia’s most valuable company, show that growth in e-commerce has slowed. Sea’s third quarter revenue more than doubled, reaching $ 1.2 billion. Sea also raised its annual forecast for two main businesses. However, net loss also doubled, to 419.9 million USD. Growth in total transaction value (GMV) in e-commerce fell […]