Commuters walk past an advertisement for online commerce site Shopee at a Bangkok skytrain station. Photo: SCMP / Chua Kong Ho Commuters walk past an advertisement for online commerce site Shopee at a Bangkok skytrain station. Photo: SCMP / Chua Kong Ho
Commuters walk past an advertisement for online commerce site Shopee at a Bangkok skytrain station. Photo: SCMP / Chua Kong Ho
Singapore

Singapore Shopee-owner Sea tumbles amid signs of e-commerce slowdown, though Garena revenue up

  • Sea, Southeast Asia’s most valuable company, sees quarter-on-quarter growth in e-commerce gross merchandise value drop to 16 per cent in third quarter
  • Shares slide 4.3 per cent in US trading, although still up more than 300 per cent for the year

Topic |   Singapore
Commuters walk past an advertisement for online commerce site Shopee at a Bangkok skytrain station. Photo: SCMP / Chua Kong Ho Commuters walk past an advertisement for online commerce site Shopee at a Bangkok skytrain station. Photo: SCMP / Chua Kong Ho
Commuters walk past an advertisement for online commerce site Shopee at a Bangkok skytrain station. Photo: SCMP / Chua Kong Ho
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