Header Ads

Sea Limited, Shopee's parent company now listed on New York Stock Exchange

Sea Limited, the parent company of Shopee announced that they're the first greater Southeast Asian internet business of scale listed at New York Stock Exchange.
Sea Limited, Shopee's parent company now listed on New York Stock Exchange
Shopee celebrates a milestone with Sea - Shopee's parent company, Sea, is the first internet business of scale from Greater Southeast Asia to be listed on the New York Stock Exchange. Shopee's executives (from left) Lim Yizhen from Regional PR, Public Relations Manager Erin Tagudin, Community Manager Megann Jabola, Head of Operations Karen Perez and Head of Business Intelligence Martin Yu celebrate the milestone with their top sellers, corporate partners and media friends.

The company announced the initial pricing of its public offering and trading to American depositary shares at New York Stock Exchange. This is a significant milestone for Sea Limited and its businesses like Shopee. 

Chris Feng, CEO of Shopee, said: The listing day is a big day for the Sea group, including Shopee as well as Garena and AirPay. As we embark on this new journey, we are excited about the opportunities it will present for our business, employees and most importantly our customers.

Sea Limited is confident in its continued growth and the tremendous potential this presents across our seven markets, namely Indonesia, Vietnam, Thailand, the Philippines, Taiwan, Malaysia and Singapore. Currently, GDP is growing over twice as fast as in the US.

Looking ahead, while we are proud of what we have accomplished so far, we know we have a lot of work to do to continue to realize Shopee’s potential. We remain as committed as ever to fulfilling Sea’s mission to improve the lives of the region’s consumers and small businesses with technology.

In case you missed it, Shopee is the fastest growing growing online Shopping App in the Philippines! As a matter of fact, in a span of just one year, Shopee is now the number shopping platform for both Google Play and Apple App Store in the country.

Currently, Shopee now has several tech related brands and shops like MemoXpress, Torque, IntoGadgets, X-Mini, Bavin, and My Kronoz Philippines. Shopee is also the first app to implement FREE shipping for both buyers and sellers and Cash on Delivery (COD) nationwide.

They have 1.6 million active seller partners, plus another 1,700 brands and larger retailers to our platform.

Shopee has also introduced Shopee University, serve to help local entrepreneurs and businesses succeed in an increasingly competitive online shopping environment.
Powered by Blogger.