Aug 13 (Reuters) – Sea Ltd (SE.N), opens new tab beat revenue estimates for the second quarter and raised its forecast for e-commerce platform Shopee, signaling robust demand for online shopping in Southeast Asia and sending its U.S.-listed shares up 11% on…
e-commerce has been on a growth trajectory in the last five years, accelerating at a tremendous pace when online retail shopping became the norm during the Covid pandemic. As Asia has the largest share of the global e-commerce market, set to…
E-commerce is one of Southeast Asia’s fastest-growing and most dynamic sectors, a region with over 660 million people and a combined GDP of almost 4 trillion US dollars. Despite the challenges posed by the COVID-19 pandemic, e-commerce has shown remarkable…
The Indonesia e-commerce market is growing at a fast pace and is expected to surge by 15.5% in 2024, driven by the ongoing shift of consumer preferences from offline to online shopping, finds GlobalData, a leading data and analytics company. GlobalData’s…