The company beat estimates as first-quarter revenue exceeded USD 7 billion.
Written by Nikkei Asia
Published on
13 May 2026
2 mins read
The profitability of Shopee, Sea Group’s core e-commerce unit, declined in the January-March period from a year earlier, the Singapore-based group said on May 12, underscoring intensifying competition.
Sea’s operating expenses rose 28% in the past quarter, with its e-commerce arm—Shopee—looking to strengthen its competitive edge…
The owner of the e-commerce platform Shopee reported quarterly revenue that jumped almost 40% year on year to reach $5.3 billion.
This boosted its parent company Sea Limited’s revenue to over $8.9 billion. Read more at straitstimes.com. Read more at…
Smaller rivals are being pushed to the margins as online shopping booms in Thailand and Malaysia.
Shares of Singapore Airlines fell after the carrier reported a 59% decline in earnings for the first quarter of its 2025/2026…
From retirees to students and homemakers, Shopee’s community-driven logistics model is rewiring last-mile logistics.
