As the world emerges from the shadows of Covid, ecommerce giant Shopee is facing some major challenges. Despite increasing its gross profit margin in the first half of 2022 to US$1.2 billion, the ...
Shopee-owner Sea's high spending powers revenue beat, but weighs on profits Sea Ltd reported a sharp rise in sales and marketing expenses during the third quarter, boosting revenue but weighing on ...
MANILA, Philippines — Online sellers are restive over a new P5 “order processing fee” that e-commerce giants Shopee and Lazada will charge them starting Sept. 3. The online-based sellers have been ...