shopee

Singapore-based e-commerce and gaming firm Sea is cutting fewer than 500 jobs at its Indonesian unit Shopee, Bloomberg News reported on Friday (Mar 10). The latest layoffs affect full-time and contract workers in Shopee's customer service…

Singapore-based e-commerce and gaming firm Sea Ltd is cutting fewer than 500 jobs at its Indonesian unit Shopee, Bloomberg News reported on Friday, as part of a broader wave of cuts to control ballooning losses.The latest layoffs affect…

Chinese e-commerce firm JD.com Inc reported a higher quarterly adjusted profit on Thursday as China lifted strict pandemic-related curbs late last year.The company's U.S.-listed shares rose 1% in premarket trading.JD.com's net income…

Shipment volumes for online ecommerce platforms are expected to grow by 15-20% in 2023 despite a funding slowdown for such marketplaces, said Sahil Barua, chief executive of Delhivery.While some e-tailers may go through ups and downs based…

SINGAPORE: Singapore-based e-commerce giant Sea, the parent company of Shopee, has committed to expanding its investments in Malaysia, creating more than 2,000 jobs in the process. Shopee is the largest pan-regional e-commerce platform in…

WHAT I DID AFTER BEING RETRENCHED After I was retrenched, I took my time to say a proper goodbye to colleagues I had worked with for years, giving me the closure I needed. It also gave me the opportunity to ask them to endorse my skills…

As there is less pressure to fight for talent, companies now have more mental space to plan their transformation – instead of rushing for the next big thing just because others are doing it. They can assess what kind of talent would best…

For many of these companies, their once avid investors now have alternative investments from which they can earn less risky and more immediate returns. The yield on 2-year US Treasuries has risen to 4.5 per cent, and the yield on 10-year US…

While Sea could have handled the situation differently, layoffs and restructuring are corrective mechanisms for firms to cope with economic circumstances and strategic planning, and Sea is taking the right step by stopping the bleeding…

Mass layoffs at ecommerce platform Shopee have gathered pace. The company has also asked laid-off employees to compensate it for damaged work computers to the tune of $349 for an Apple system. Singapore-headquartered Shopee told Chinese…