Singapore’s Sea Ltd., one of Southeast Asia’s biggest internet companies, said its Shopee e-commerce app will shut down its operations in India, just several months after it entered the market. The move is part of Sea’s broader efforts to review its strategy for global expansion and focus its investments on the most promising markets such as Brazil, where Shopee has already become a major...
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The Briefing Markets
Musk Throws Shade at Twitter CEO (and Securities Rules)
It’s day 43 in the Elon Musk–Twitter saga—and things are getting even weirder. Today we witnessed the bizarre spectacle of Elon Musk tweeting a poop emoji at Parag Agrawal after the Twitter CEO tried to clarify the company’s procedures for keeping spam bots at bay. A short time later, Bloomberg reported that Musk had told a private conference in Miami a viable deal for Twitter at a lower price...
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