Shopee, owned by Sea Ltd., has experienced a remarkable resurgence in Southeast Asia’s e-commerce market, with its stock soaring. This comeback is largely attributed to SPX Express, Shopee’s in-house logistics network powered by local community members. By investing heavily in its own delivery infrastructure, Shopee has successfully navigated the region’s logistical challenges, driving growth and investor confidence.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets