Sea Group

Sales and games vault Sea brand to top of Brazil app stores in just two years.

Sea Group will use the proceeds for business expansions, including strategic investments and acquisitions.

Despite robust growth, Sea reported net losses to the tune of USD 433.7 million in the second quarter, up 10.2% YoY.

Riders take risks to deliver essential items but face fines if they do not meet strict requirements set by the state. 

Shopee is concentrating on Brazil as its main market in Latin America, while other countries such as Mexico are part of an “asset-light” approach in the region.

Garena and Shopee are both approaching the USD 1 billion revenue mark.

Indonesian K-pop and K-drama fans are earning money by selling online collectible merchandise of their idols.

In just 12 months, Shopee has reduced its additional package fee for couriers four times, now down to a mere USD 0.10 per package.