Shopee Revenue and Usage Statistics (2022)

Shopee, a Singapore-based e-commerce platform serving Southeast Asia and Taiwan, is among the biggest players in the markets it is active in. The parent company of Shopee, which was launched in Singapore in 2015, is Sea. Founded by Forrest Li, the company had revenue of $1.52 billion in the first quarter of 2022.

Company Overview

Founded DateFebruary 5, 2015
FounderForrest Li
HeadquarterSingapore
PlatformsWeb, iOS, Android
Crunchbase ProfileProfile Link

Shopee Revenue Statistics (2022)

Shopee revenue data is derived from the total e-commerce revenue that Sea reports quarterly.

+ Shopee revenue for Q2 2022 was $1.7 billion, up 51.4% year-on-year. Adjusted EBITDA for Shopee overall was $(648.1) million compared to US$(579.8) million for the second quarter of 2021.

+ Shopee revenue was $1.52 billion in the first quarter of, down from $1.59 billion in the previous quarter and  up 64.4% year-on-year. (SEA)

+ Shopee’s parent company Sea reported a revenue of $2.9 billion for the second quarter of 2022, up 29.0% year-on-year.

+ Sea revenue for Q1 2022 was $2.9 billion, up 64.4% year-on-year.

YearSea Annual Revenue (Adjusted)
2021$3.2 billion
2020$1.6 billion
2019$909.1 million
2018$1,048.7 million
2017$553.6 million

Shopee Usage Statistics (2022)

+ For Q2 2022, in Southeast Asia overall, Indonesia and Taiwan respectively, Shopee continued to rank first in the Shopping category by average monthly active users and total time spent in app for the second quarter of 2022, according to data.ai.

+ Globally, Shopee was the top ranked app on Google Play in the Shopping category by total time spent in app and second by average monthly active users in the second quarter of 2022.

+ In the second quarter of 2022, gross Shopee orders totaled 2 billion, an increase of 41.6% year-on-year. 

Written by Jordan Bevan

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