ST Picks: What does Shopee need to do to stay ahead?

Quick Summary:

Analysts, while impressed by Shopee's recent performance, wonder if and how it can be sustained.

SINGAPORE - Online shopping platform Shopee has, in the course of a year, managed to turn around its loss-making operations to post a sterling set of earnings.

While Shopee enjoys more than 46 per cent regional market share in South-east Asia, there is a limit to how much this can grow, particularly if markets start to mature.

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Article Details

Category: EconomyBusiness

Markets: Singapore

Topics: Performance Stories First Shopee’s Limit Unlimited Subscriber-only Shopee 99/month Months Access

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-30 @ 05:00:00 (5 hours ago)

News Timezone: GMT +8:00

News Source URL: straitstimes.com

Language: English

Article Length: 186 words

Reading Time: 2 minutes read

Sentences: 11 lines

Sentence Length: 17 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Straits Times

News ID: 23956065

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About The Straits Times

Main Topics: EconomyBusiness

Official Website: straitstimes.com

Update Frequency: 14 posts per day

Year Established: 1845

Headquarters: Singapore

News Last Updated: 5 hours ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #25

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