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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Sources: PE firm Silver Lake intends to merge French software companies Cegid and Silae in a €10B+ deal, allowing them to combine data and integrate software (Financial Times)
Financial Times : Sources: PE firm Silver Lake intends to merge French software companies Cegid and Silae in a €10B+ deal, allowing them ...
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Amid government scrutiny over its various trade practices, the firm has been able to hold on to a set of consumers looking for cheaper goods...
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