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Transactions Shopee Achieve Rp 64,87 Trillion, The Losses Of Its Parent Company Down

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Berita Terkini
Transactions Shopee Achieve Rp 64,87 Trillion, The Losses Of Its Parent Company Down

Shopee - The value of the transaction (Gross Merchandise Value/GMV) Shopee reached US$ 4.6 billion or around Rp 64,87 trillion in the third Quarter 2019.

The net loss of its parent company, Sea Group also dropped from US$ 218 million in the third Quarter of 2018 to be US$ 206 million.

As a result, losses from business line e-commerce rose from US$ 214,9 million to US$ 253,7 million in the third Quarter of 2019.

This weighed on the performance of the Sea Group.

Even so, the losses of the parent company Shopee is actually down.

Sustaining the performance of the Sea Group is supported by business unit for digital entertainment such as games online, which Garena.

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