Shopee is not a Fortune 500 company. SHOPEE, a Southeast Asian e-commerce platform, is currently the largest e-commerce platform in Southeast Asia. It covers Singapore, Malaysia, the Philippines, Taiwan, Indonesia, Thailand and Vietnam. Tencent holds a 40% stake, and the APP downloads exceed 250 million.

Demographic dividend: Southeast Asia has a population of nearly 700 million, with a huge population base. Among them, the population under 30 years old exceeds 50%! Due to its young population structure and rapid economic development, Southeast Asia is currently considered to be the e-commerce sector with the most growth potential.

E-commerce market potential: At present, e-commerce sales in Southeast Asia only account for 1-2% of total social sales. At present, China's e-commerce sales have reached 15% of total social sales. The e-commerce market in Southeast Asia has great room for growth.