Olivia Poh / Bloomberg:
Southeast Asian internet giant Sea reports Q2 revenue up 5.2% YoY to $3.1B, below $3.2B est., and Shopee revenue up 21% YoY, the slowest on record; SE drops 13% — - Online-retail arm Shopee posts slowest growth on record — Tech firm's shares plunge about 13% in pre-market trading
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Tuesday, August 15, 2023
Southeast Asian internet giant Sea reports Q2 revenue up 5.2% YoY to $3.1B, below $3.2B est., and Shopee revenue up 21% YoY, the slowest on record; SE drops 13% (Olivia Poh/Bloomberg)
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The EU Commission charges Temu with failing to cooperate during a December 2025 raid on its Dublin HQ as part of a probe into the company's foreign subsidies (Inti Landauro/Reuters)
Inti Landauro / Reuters : The EU Commission charges Temu with failing to cooperate during a December 2025 raid on its Dublin HQ as part o...
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Sohee Kim / Bloomberg : South Korean authorities are investigating a data leak at e-commerce giant Coupang that exposed ~33.7M accounts; ...
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