Shopee logo

Shopee(SE)

Emerging

Singapore e-commerce leader (Sea Limited, NYSE: SE) with 52% SEA GMV share and $100B+ 2024 GMV; first full year adjusted EBITDA profitable 2024 with 10B+ orders and 3x livestream growth competing with TikTok Shop.

38
AI Score
Grade D↑ Trending
AI Visibility Score (Beta)
E-commerce & RetailSEWebsiteUpdated March 2026

Company Overview

About Shopee

Shopee is Singapore-founded Southeast Asia's largest e-commerce platform — operating as the primary revenue driver of Sea Limited (NYSE: SE), the Nasdaq-listed internet company headquartered in Singapore — commanding 52% of Southeast Asia e-commerce gross merchandise value (GMV) and reaching over $100 billion in GMV with more than 10 billion gross orders in 2024. Sea Limited reported $14.4 billion in total revenue for fiscal year 2024, with Shopee's e-commerce segment as the dominant contributor. Founded in February 2015 as a mobile-focused marketplace, Shopee achieved a landmark milestone in 2024 by reaching its first full year of adjusted EBITDA profitability, with both its Asia and Brazil operations now profitable. Shopee serves consumers across Singapore, Malaysia, Thailand, Taiwan, Indonesia, Vietnam, the Philippines, and Brazil, and consistently ranks as the most visited e-commerce site in Singapore and globally first in total user hours spent on shopping apps.

Business Model & Competitive Advantage

Shopee's mobile-first commerce model addresses the mobile commerce preferences of Southeast Asian consumers whose primary internet access device is a smartphone rather than a desktop computer: traditional desktop-optimized e-commerce platforms (Amazon, Alibaba's Lazada) built for Western and Chinese markets underserved the mobile-native Southeast Asian consumer demographic, while Shopee's app-first design (chat-based seller-buyer communication, in-app payment through ShopeePay, and social commerce features including live shopping that tripled between 2023 and 2024) created engagement mechanics optimized for mobile sessions. Shopee's comprehensive ecosystem (e-commerce integrated with ShopeePay financial services, ShopeeFood delivery, and Shopee Xpress logistics) creates the super-app lock-in that drives daily active user retention across Sea Limited's platform.

Competitive Landscape 2025–2026

In 2025, Shopee competes in the Southeast Asia e-commerce, mobile commerce, and regional marketplace market with TikTok Shop (ByteDance's social commerce platform rapidly gaining SEA market share), Lazada (Alibaba subsidiary, declining SEA market share), and Tokopedia-TikTok merged entity (GoTo/TikTok Indonesia JV) for Southeast Asian consumer gross merchandise volume and seller platform fees. Shopee's 52% SEA GMV share reflects dominant market position built through localized mega sale events (11.11 and 12.12), over 4 million YouTube video product link partnerships, and category depth across fashion, electronics, and FMCG. The 2024 profitability milestone (first full year EBITDA positive for Asia and Brazil) validates Sea Limited's path to sustainable margins after years of market share investment spending. The 2025 strategy focuses on defending SEA market leadership against TikTok Shop's social commerce offensive, expanding livestream shopping (the 3x growth channel), and growing Shopee Brazil as the Latin American beachhead.

Founded
2015
Headquarters
Singapore
Curated content • Fact-checked and verified

The Shopee Story

Founded in 2015
Singapore
Founded by Forrest Li, Chris Feng

Founders

Forrest LiChris Feng

Recent Activity

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8-K
8-K — 8-K

Material Event filed 2026-05-08

8-K
8-K — 8-K

Material Event filed 2026-05-05

10-Q
10-Q — 10-Q

Quarterly Report filed 2026-05-05

blog_post
Types Of Durians Singapore: 17 Yummy Liu Lian Variants

The nose knows! The post Types Of Durians Singapore: 17 Yummy Liu Lian Variants appeared first on Shopee Singapore Official Blog .

blog_post
9 Best Mosquito Repellents Singapore To Keep The Mozzies Away

Mozz-be-gone! The post 9 Best Mosquito Repellents Singapore To Keep The Mozzies Away appeared first on Shopee Singapore Official Blog .

blog_post
13 Best Durian Stalls In Singapore To Satisfy Your Cravings (2026)

Spiky feasts! The post 13 Best Durian Stalls In Singapore To Satisfy Your Cravings (2026) appeared first on Shopee Singapore Official Blog .

blog_post
Mum’s Day Out: 20 Things To Do In Singapore This Weekend (8 – 10 May 2026)

Let's paint the town red. The post Mum’s Day Out: 20 Things To Do In Singapore This Weekend (8 – 10 May 2026) appeared first on Shopee Singapore Official Blog .

blog_post
Jet Off And Unwind With The 11 Best Luggage Brands In Singapore

A wheel-y good travel companion! The post Jet Off And Unwind With The 11 Best Luggage Brands In Singapore appeared first on Shopee Singapore Official Blog .

blog_post
17 Best Mother’s Day Gift Ideas In Singapore (2026)

Surprise her this Mother’s Day – Mum’s the word! The post 17 Best Mother’s Day Gift Ideas In Singapore (2026) appeared first on Shopee Singapore Official Blog .

blog_post
Where To Find The Best Bagels In Singapore: A Guide

Burgers but better. The post Where To Find The Best Bagels In Singapore: A Guide appeared first on Shopee Singapore Official Blog .

blog_post
We Tried And Reviewed The Best Shio Pans In Singapore

Carb lovers unite! The post We Tried And Reviewed The Best Shio Pans In Singapore appeared first on Shopee Singapore Official Blog .

blog_post
Spill The Tea With These 22 Best Tea Brands

You can still get T2 here! The post Spill The Tea With These 22 Best Tea Brands appeared first on Shopee Singapore Official Blog .

Company Timeline

Major milestones in Shopee's journey

15
Total Events
1
Funding Rounds
1
Acquisitions
3
Product Launches

Leadership Team

Meet the leaders behind Shopee

Chris Feng

CEO of Shopee & President of Sea Limited

Chris Feng has served as CEO of Shopee since its founding in July 2015 and was promoted to President of Sea Limited in January 2022. Prior to Shopee, he was Chief Purchasing Officer at Lazada Southeast Asia and Head of Mobile Business at Garena, bringing deep e-commerce and mobile expertise to build Southeast Asia's largest marketplace.

Forrest Li (Li Xiaodong)

Founder, Chairman & CEO of Sea Limited

Forrest Li founded Garena in 2009 with support from Tencent, later rebranding it to Sea Limited. As the visionary behind Shopee's creation, Li has built Southeast Asia's most valuable internet company, overseeing gaming (Garena), e-commerce (Shopee), and fintech (SeaMoney) divisions.

Terence Pang

Chief Operating Officer

Terence Pang serves as Shopee's COO, overseeing day-to-day operations across the platform's multiple markets and ensuring seamless execution of Shopee's regional expansion and operational excellence initiatives.

Alain Yee

Executive Director & CEO ShopeePay, Head of SeaMoney

Alain Yee leads Shopee's fintech integration as CEO of ShopeePay and Head of SeaMoney, driving the strategic expansion of digital payments and financial services that now account for over 20% of platform transactions.

Evelyn B

Head of Regulatory Compliance

Evelyn B oversees Shopee's regulatory compliance across multiple Southeast Asian markets, ensuring the platform meets diverse legal requirements while maintaining operational agility in a complex regulatory environment.

Key Differentiators

Emerging Innovator

Shopee is an emerging player bringing innovative solutions to the E-commerce market.

Frequently Asked Questions

Estimated Visibility Trend (Beta)

Simulated 8-week rolling score

38
↑ Trending

Based on estimated brand signals. Historical tracking coming soon.

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