Game and e-commerce conglomerate Shopee is focusing on improving profitability after a staggering 2020 growth thanks to Covid-19. Thanks to the trend of working from home due to Covid-19, Sea saw a positive growth. On March 2, the Singaporean company reported revenue of $ 4.37 billion in 2020, double that of 2019. However, the net […]
From the offering tray to the clothes and household items, many people in Ho Chi Minh City all sit at home ordering online. This year, Ms. Thanh Loan (District 10, Ho Chi Minh City) is living, so all shopping is assigned to her husband. Loan’s husband works until the 29th of the Lunar New Year, […]
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 […]