English

Shopee is an e-commerce platform in Southeast Asia and Taiwan, China. Since its establishment in Singapore in 2015, Shopee's business scope has radiated more than 10 markets including Singapore, Malaysia, the Philippines, Thailand, Vietnam, Brazil, etc.

Shopee is the fastest growing e-commerce in Southeast Asia and the preferred platform for Chinese products to go overseas in Southeast Asia.

Shopee has been growing since its establishment. In the first quarter of 2019, Shopee's quarterly GMV increased by 81.8% year-on-year, the total number of orders increased by 82.7% year-on-year, and the number of App downloads exceeded 200 million. In 2021, Shopee's GAAP revenue was US$5.1 billion, a year-on-year increase of 136.4%; the total number of orders was 6.1 billion, a year-on-year increase of 116.5%; and GMV was US$62.5 billion, a year-on-year increase of 76.8%.

In the second quarter of 2022, Shopee maintained its performance growth, with a total number of orders of 2 billion, a year-on-year increase of 41.6%. The latest financial report data shows that the GMV of the Shopee e-commerce platform in the second quarter of this year was US$19 billion, a year-on-year increase of 27.2%; the total revenue was US$1.7 billion, a year-on-year increase of 51.4%.

According to data from the application analysis platform Apptopia, Shopee is the most downloaded shopping app in the world in 2021, with 203 million downloads, ranking first among shopping apps.

According to data.ai, Shopee achieved the first place in the total downloads of global shopping apps in Q1 2022 and the first place in the total time spent by users in the global shopping apps in the Google App Store.

According to data.ai, Shopee achieved the first place in the total time spent by users in the global shopping apps in Q2 2022, and the second place in the average number of monthly active users.

Shopee established offices in Shenzhen and Hong Kong in 2016 to carry out cross-border business, creating a one-stop cross-border solution for Chinese cross-border sellers, providing traffic, logistics, incubation, language, payment and ERP support.

Shopee's parent company Sea is the first Southeast Asian Internet company to be listed on the New York Stock Exchange (stock code: SE). It is the first Southeast Asian Internet company to be listed on the New York Stock Exchange.