As it shifts focus from growth to profitability, NYSE-listed Sea Ltd said it will continuously invest in infrastructure to improve services for customers, which becomes increasingly crucial as competition in e-commerce intensifies in SE Asia.
During the company’s earnings call on Tuesday evening, Sea Ltd chairman and group CEO Forrest Li said that the firm will enhance its e-commerce logistics and delivery experience by improving the capacity and integration of Shopee’s in-house logistics arm while continuing to work closely with third-party logistics partners.