The forecast hike suggests Shopee is managing to ward off fierce competition from TikTok, Lazada and Temu. Read more at straitstimes.com. Read more at straitstimes.com.

Sea (NYSE: SE) stock jumps on 48% Q2 revenue growth to $7.79B, beating estimates and raising Shopee's full-year profit outlook.

Q2 revenue jumps 48% to $7.8bn as e-commerce, fintech and gaming businesses expand