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Sea (SE.US) has reached a settlement with the Indonesian antitrust institutions and will rectify its delivery services.
According to the news from Zhitong Finance and Economics APP, PT Shopee International Indonesia, a subsidiary of Sea (SE.US), has accepted the antitrust violation report filed by the Indonesian antitrust supervision institution (KPPU). The company has signed an agreement with the antitrust regulatory agency to completely rectify its delivery services. Handhika Jahja, the executive director of Shopee, stated that signing the agreement is in line with the company's efforts to comply with government regulation. The company also promises not to engage in anti-competitive behavior or give up its dominant position. The regulatory agency will establish
Sea Dips After Indonesian Unit Accepts Report of Alleged Antitrust Breaches - Report
Asian Equities Traded in the US as American Depositary Receipts Open Week on Flat Note
Asian equities traded in the US as American depositary receipts started the week flat Monday morning, nudging 0.005% higher to 1,959.42 on the S&P Asia 50 ADR Index. From North Asia, the gainers were
Form 144 | Sea(SE.US) Officer Proposes to Sell 17.86 Million in Common Stocks
SEC FILLINGS DISCLOSED/ Jul 1, $Sea(SE.US)$ Officer Chen Jingye intends to sell 250K shares of its common stock on Jul 1, with a total market value of approximately $17.86 million. Source: Announce
Sea Shares Are Trading Lower After DBS Bank Downgraded the Stock From Buy to Hold and Announced a $75 Price Target.
Sea Shares Are Trading Lower After DBS Bank Downgraded the Stock From Buy to Hold and Announced a $75 Price Target.
Sea Price Target Announced at $75.00/Share by DBS Bank
Sea Price Target Announced at $75.00/Share by DBS Bank