Southeast Asian retailer Shopee’s long path to profit: Are we there yet?
Inside Retail
JUNE 29, 2022
Shopee opened for business as a consumer-to-consumer (C2C) marketplace in the first quarter of 2015 and evolved into a hybrid B2C/C2C business model that by late 2019 was growing fast. The stock price of its parent company, Sea Ltd, has been wilting since it peaked at US$366.99 Still scaling up – at a price. on 24 June.
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