No concerns here, Group operating income was up QoQ. Shopee has achieved profitability and could boost profits further if they wanted to. Instead, they’re choosing to invest, which has caused growth to accelerate. This is exactly what you want to see.
What do you think of the sequential QoQ decline in operating income for Shopee?
No concerns here, Group operating income was up QoQ. Shopee has achieved profitability and could boost profits further if they wanted to. Instead, they’re choosing to invest, which has caused growth to accelerate. This is exactly what you want to see.
Great breakdown Wolf, especially on the financials end, loving the charts!
Cheers Gab, here’s to many more quarters like this