[ SINGAPORE] In the battle royale of global e-commerce, the names are familiar and formidable: Amazon. TikTok Shop. Shein. Temu. But in South-east Asia, home to 675 million people and a US$160 billion online shopping market, the reigning monarch is an app the color of a traffic cone. It is called Shopee. And it is thriving. Owned by Singapore-based Sea Ltd, Shopee has pulled off one of the most unlikely corporate comebacks in recent memory, sending its stock soaring more than 300 per cent since the start of 2024. A key secret weapon is a little known logistics operation powered by an army of homemakers, students and retirees. And the help of some very large Ikea bags. https://www.businesstimes.com.sg/international/asean/hyperlocal-deliveries-fuel-300-stock-rise-shopee-owner-sea (ICE SINGAPORE)

Fonte notizia: The Business Times, 10 August 2025