Briefing
e-commerce asia

Singapore’s Sea Plans Layoff in E-Commerce Unit

By
Juro Osawa
· · Source: Bloomberg

Sea, one of Southeast Asia’s largest internet companies, is planning to lay off 3% of employees in its e-commerce division in Indonesia, Bloomberg reported. Like many other tech giants in other parts of the world, Southeast Asia’s internet companies are struggling to cope with an economic slowdown. Singapore-based Sea is a major online videogame company and also the operator of Shopee, one of...

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