Sea Shares Sink Over 8% As Indonesia Investigates Southeast Asia’s E-Commerce Giant

Tiger Newspress05-28

Indonesia’s antitrust authorities are investigating Southeast Asia’s e-commerce leader Sea Ltd. for potentially unfairly favoring its own delivery service over other alternatives.

US-listed shares of Sea dropped 8% in morning trading Tuesday.

Online shoppers in Indonesia can choose the company to deliver their purchases, and Sea’s e-commerce arm Shopee set up an algorithm that prioritized its own service over other options, including local contenders, the antitrust watchdog known as KPPU said in a hearing Tuesday. Shopee’s legal team, which was present at the event, is scheduled to respond at a follow-up hearing on June 11.

Indonesia, with about 280 million people, is a key growth market for Singapore-based Sea as well as its competitors such as ByteDance Ltd.’s TikTok as well as Alibaba Group Holding Ltd.’s Lazada. If proven to have violated rules, Shopee will face potential fines and may need to change the way it presents delivery options to consumers.

Shopee is “committed to complying with all applicable regulations and legislation in the Republic of Indonesia,” a Shopee Indonesia spokesperson said.

As part of its supporting evidence, the KPPU said a Shopee director has also acted as a top officer at its delivery service arm since 2018.

“Based on this, PT Shopee Intenational Indonesia has discriminated in the selection of shipping service companies that are automatically activated in bulk on the seller dashboard,” the antitrust watchdog said in a statement.

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Comments

chan84
05-29
chan84
Delivery services are supposed to provide equal opportunity..not favour some over other . Even if you do don't boast about your algorithm.
BenjiFuji
05-28
BenjiFuji
Opportunity or Risk?[Glance]
ICEsh00ter
05-28
ICEsh00ter
isn't that common sense to favour your own delivery? lol.
chan84
05-28
chan84
Things like this will be taken seriously, Indo is now a booming trade, number of subscribers matters.
RichieTansc
05-28
RichieTansc
Good work, KPPU
Ahlec
05-28
Ahlec
Overreaction

Leave a comment

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If proven to have violated rules, Shopee will face potential fines and may need to change the way it presents delivery options to consumers.</p><p style=\"text-align: start;\">Shopee is “committed to complying with all applicable regulations and legislation in the Republic of Indonesia,” a Shopee Indonesia spokesperson said.</p><p>As part of its supporting evidence, the KPPU said a Shopee director has also acted as a top officer at its delivery service arm since 2018.</p><p style=\"text-align: start;\">“Based on this, PT Shopee Intenational Indonesia has discriminated in the selection of shipping service companies that are automatically activated in bulk on the seller dashboard,” the antitrust watchdog said in a statement.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Sea Shares Sink Over 8% As Indonesia Investigates Southeast Asia’s E-Commerce Giant</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSea Shares Sink Over 8% As Indonesia Investigates Southeast Asia’s E-Commerce Giant\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2024-05-28 21:41</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Indonesia’s antitrust authorities are investigating Southeast Asia’s e-commerce leader Sea Ltd. for potentially unfairly favoring its own delivery service over other alternatives.</p><p>US-listed shares of Sea dropped 8% in morning trading Tuesday.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/6b672284787d2b2767c8868c713c2884\" tg-width=\"847\" tg-height=\"621\"/></p><p style=\"text-align: start;\">Online shoppers in Indonesia can choose the company to deliver their purchases, and Sea’s e-commerce arm Shopee set up an algorithm that prioritized its own service over other options, including local contenders, the antitrust watchdog known as KPPU said in a hearing Tuesday. Shopee’s legal team, which was present at the event, is scheduled to respond at a follow-up hearing on June 11.</p><p style=\"text-align: start;\">Indonesia, with about 280 million people, is a key growth market for Singapore-based Sea as well as its competitors such as ByteDance Ltd.’s TikTok as well as Alibaba Group Holding Ltd.’s Lazada. If proven to have violated rules, Shopee will face potential fines and may need to change the way it presents delivery options to consumers.</p><p style=\"text-align: start;\">Shopee is “committed to complying with all applicable regulations and legislation in the Republic of Indonesia,” a Shopee Indonesia spokesperson said.</p><p>As part of its supporting evidence, the KPPU said a Shopee director has also acted as a top officer at its delivery service arm since 2018.</p><p style=\"text-align: start;\">“Based on this, PT Shopee Intenational Indonesia has discriminated in the selection of shipping service companies that are automatically activated in bulk on the seller dashboard,” the antitrust watchdog said in a statement.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SE":"Sea Ltd"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1106023190","content_text":"Indonesia’s antitrust authorities are investigating Southeast Asia’s e-commerce leader Sea Ltd. for potentially unfairly favoring its own delivery service over other alternatives.US-listed shares of Sea dropped 8% in morning trading Tuesday.Online shoppers in Indonesia can choose the company to deliver their purchases, and Sea’s e-commerce arm Shopee set up an algorithm that prioritized its own service over other options, including local contenders, the antitrust watchdog known as KPPU said in a hearing Tuesday. Shopee’s legal team, which was present at the event, is scheduled to respond at a follow-up hearing on June 11.Indonesia, with about 280 million people, is a key growth market for Singapore-based Sea as well as its competitors such as ByteDance Ltd.’s TikTok as well as Alibaba Group Holding Ltd.’s Lazada. If proven to have violated rules, Shopee will face potential fines and may need to change the way it presents delivery options to consumers.Shopee is “committed to complying with all applicable regulations and legislation in the Republic of Indonesia,” a Shopee Indonesia spokesperson said.As part of its supporting evidence, the KPPU said a Shopee director has also acted as a top officer at its delivery service arm since 2018.“Based on this, PT Shopee Intenational Indonesia has discriminated in the selection of shipping service companies that are automatically activated in bulk on the seller dashboard,” the antitrust watchdog said in a statement.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":310897115000984,"gmtCreate":1716908267950,"gmtModify":1716908272841,"author":{"id":"4110175785559852","authorId":"4110175785559852","name":"BenjiFuji","avatar":"https://community-static.tradeup.com/news/330f59d829009a2c318784ab2b5e6098","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":5,"crmLevelSwitch":0,"authorIdStr":"4110175785559852","idStr":"4110175785559852"},"htmlText":"Opportunity or Risk?[Glance]&nbsp;&nbsp;","listText":"Opportunity or Risk?[Glance]&nbsp;&nbsp;","text":"Opportunity or Risk?[Glance]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/310897115000984","repostId":1106023190,"repostType":2,"repost":{"id":"1106023190","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1716903700,"share":"https://ttm.financial/m/news/1106023190?lang=&edition=fundamental","pubTime":"2024-05-28 21:41","market":"us","language":"en","title":"Sea Shares Sink Over 8% As Indonesia Investigates Southeast Asia’s E-Commerce Giant","url":"https://stock-news.laohu8.com/highlight/detail?id=1106023190","media":"Tiger Newspress","summary":"Indonesia’s antitrust authorities are investigating Southeast Asia’s e-commerce leader Sea Ltd. for potentially unfairly favoring its own delivery service over other alternatives.US-listed shares of S","content":"<html><head></head><body><p>Indonesia’s antitrust authorities are investigating Southeast Asia’s e-commerce leader Sea Ltd. for potentially unfairly favoring its own delivery service over other alternatives.</p><p>US-listed shares of Sea dropped 8% in morning trading Tuesday.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/6b672284787d2b2767c8868c713c2884\" tg-width=\"847\" tg-height=\"621\"/></p><p style=\"text-align: start;\">Online shoppers in Indonesia can choose the company to deliver their purchases, and Sea’s e-commerce arm Shopee set up an algorithm that prioritized its own service over other options, including local contenders, the antitrust watchdog known as KPPU said in a hearing Tuesday. Shopee’s legal team, which was present at the event, is scheduled to respond at a follow-up hearing on June 11.</p><p style=\"text-align: start;\">Indonesia, with about 280 million people, is a key growth market for Singapore-based Sea as well as its competitors such as ByteDance Ltd.’s TikTok as well as Alibaba Group Holding Ltd.’s Lazada. If proven to have violated rules, Shopee will face potential fines and may need to change the way it presents delivery options to consumers.</p><p style=\"text-align: start;\">Shopee is “committed to complying with all applicable regulations and legislation in the Republic of Indonesia,” a Shopee Indonesia spokesperson said.</p><p>As part of its supporting evidence, the KPPU said a Shopee director has also acted as a top officer at its delivery service arm since 2018.</p><p style=\"text-align: start;\">“Based on this, PT Shopee Intenational Indonesia has discriminated in the selection of shipping service companies that are automatically activated in bulk on the seller dashboard,” the antitrust watchdog said in a statement.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Sea Shares Sink Over 8% As Indonesia Investigates Southeast Asia’s E-Commerce Giant</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSea Shares Sink Over 8% As Indonesia Investigates Southeast Asia’s E-Commerce Giant\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2024-05-28 21:41</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Indonesia’s antitrust authorities are investigating Southeast Asia’s e-commerce leader Sea Ltd. for potentially unfairly favoring its own delivery service over other alternatives.</p><p>US-listed shares of Sea dropped 8% in morning trading Tuesday.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/6b672284787d2b2767c8868c713c2884\" tg-width=\"847\" tg-height=\"621\"/></p><p style=\"text-align: start;\">Online shoppers in Indonesia can choose the company to deliver their purchases, and Sea’s e-commerce arm Shopee set up an algorithm that prioritized its own service over other options, including local contenders, the antitrust watchdog known as KPPU said in a hearing Tuesday. Shopee’s legal team, which was present at the event, is scheduled to respond at a follow-up hearing on June 11.</p><p style=\"text-align: start;\">Indonesia, with about 280 million people, is a key growth market for Singapore-based Sea as well as its competitors such as ByteDance Ltd.’s TikTok as well as Alibaba Group Holding Ltd.’s Lazada. If proven to have violated rules, Shopee will face potential fines and may need to change the way it presents delivery options to consumers.</p><p style=\"text-align: start;\">Shopee is “committed to complying with all applicable regulations and legislation in the Republic of Indonesia,” a Shopee Indonesia spokesperson said.</p><p>As part of its supporting evidence, the KPPU said a Shopee director has also acted as a top officer at its delivery service arm since 2018.</p><p style=\"text-align: start;\">“Based on this, PT Shopee Intenational Indonesia has discriminated in the selection of shipping service companies that are automatically activated in bulk on the seller dashboard,” the antitrust watchdog said in a statement.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SE":"Sea Ltd"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1106023190","content_text":"Indonesia’s antitrust authorities are investigating Southeast Asia’s e-commerce leader Sea Ltd. for potentially unfairly favoring its own delivery service over other alternatives.US-listed shares of Sea dropped 8% in morning trading Tuesday.Online shoppers in Indonesia can choose the company to deliver their purchases, and Sea’s e-commerce arm Shopee set up an algorithm that prioritized its own service over other options, including local contenders, the antitrust watchdog known as KPPU said in a hearing Tuesday. Shopee’s legal team, which was present at the event, is scheduled to respond at a follow-up hearing on June 11.Indonesia, with about 280 million people, is a key growth market for Singapore-based Sea as well as its competitors such as ByteDance Ltd.’s TikTok as well as Alibaba Group Holding Ltd.’s Lazada. If proven to have violated rules, Shopee will face potential fines and may need to change the way it presents delivery options to consumers.Shopee is “committed to complying with all applicable regulations and legislation in the Republic of Indonesia,” a Shopee Indonesia spokesperson said.As part of its supporting evidence, the KPPU said a Shopee director has also acted as a top officer at its delivery service arm since 2018.“Based on this, PT Shopee Intenational Indonesia has discriminated in the selection of shipping service companies that are automatically activated in bulk on the seller dashboard,” the antitrust watchdog said in a statement.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":310883176255640,"gmtCreate":1716904864937,"gmtModify":1716904868789,"author":{"id":"3568262728204718","authorId":"3568262728204718","name":"ICEsh00ter","avatar":"https://static.tigerbbs.com/e8d9d76c266e1d33abd00a525a8a445c","vip":1,"crmLevel":6,"crmLevelSwitch":1,"authorIdStr":"3568262728204718","idStr":"3568262728204718"},"htmlText":"isn't that common sense to favour your own delivery? lol.","listText":"isn't that common sense to favour your own delivery? lol.","text":"isn't that common sense to favour your own delivery? lol.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/310883176255640","repostId":1106023190,"repostType":4,"repost":{"id":"1106023190","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1716903700,"share":"https://ttm.financial/m/news/1106023190?lang=&edition=fundamental","pubTime":"2024-05-28 21:41","market":"us","language":"en","title":"Sea Shares Sink Over 8% As Indonesia Investigates Southeast Asia’s E-Commerce Giant","url":"https://stock-news.laohu8.com/highlight/detail?id=1106023190","media":"Tiger Newspress","summary":"Indonesia’s antitrust authorities are investigating Southeast Asia’s e-commerce leader Sea Ltd. for potentially unfairly favoring its own delivery service over other alternatives.US-listed shares of S","content":"<html><head></head><body><p>Indonesia’s antitrust authorities are investigating Southeast Asia’s e-commerce leader Sea Ltd. for potentially unfairly favoring its own delivery service over other alternatives.</p><p>US-listed shares of Sea dropped 8% in morning trading Tuesday.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/6b672284787d2b2767c8868c713c2884\" tg-width=\"847\" tg-height=\"621\"/></p><p style=\"text-align: start;\">Online shoppers in Indonesia can choose the company to deliver their purchases, and Sea’s e-commerce arm Shopee set up an algorithm that prioritized its own service over other options, including local contenders, the antitrust watchdog known as KPPU said in a hearing Tuesday. Shopee’s legal team, which was present at the event, is scheduled to respond at a follow-up hearing on June 11.</p><p style=\"text-align: start;\">Indonesia, with about 280 million people, is a key growth market for Singapore-based Sea as well as its competitors such as ByteDance Ltd.’s TikTok as well as Alibaba Group Holding Ltd.’s Lazada. If proven to have violated rules, Shopee will face potential fines and may need to change the way it presents delivery options to consumers.</p><p style=\"text-align: start;\">Shopee is “committed to complying with all applicable regulations and legislation in the Republic of Indonesia,” a Shopee Indonesia spokesperson said.</p><p>As part of its supporting evidence, the KPPU said a Shopee director has also acted as a top officer at its delivery service arm since 2018.</p><p style=\"text-align: start;\">“Based on this, PT Shopee Intenational Indonesia has discriminated in the selection of shipping service companies that are automatically activated in bulk on the seller dashboard,” the antitrust watchdog said in a statement.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Sea Shares Sink Over 8% As Indonesia Investigates Southeast Asia’s E-Commerce Giant</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSea Shares Sink Over 8% As Indonesia Investigates Southeast Asia’s E-Commerce Giant\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2024-05-28 21:41</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Indonesia’s antitrust authorities are investigating Southeast Asia’s e-commerce leader Sea Ltd. for potentially unfairly favoring its own delivery service over other alternatives.</p><p>US-listed shares of Sea dropped 8% in morning trading Tuesday.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/6b672284787d2b2767c8868c713c2884\" tg-width=\"847\" tg-height=\"621\"/></p><p style=\"text-align: start;\">Online shoppers in Indonesia can choose the company to deliver their purchases, and Sea’s e-commerce arm Shopee set up an algorithm that prioritized its own service over other options, including local contenders, the antitrust watchdog known as KPPU said in a hearing Tuesday. Shopee’s legal team, which was present at the event, is scheduled to respond at a follow-up hearing on June 11.</p><p style=\"text-align: start;\">Indonesia, with about 280 million people, is a key growth market for Singapore-based Sea as well as its competitors such as ByteDance Ltd.’s TikTok as well as Alibaba Group Holding Ltd.’s Lazada. If proven to have violated rules, Shopee will face potential fines and may need to change the way it presents delivery options to consumers.</p><p style=\"text-align: start;\">Shopee is “committed to complying with all applicable regulations and legislation in the Republic of Indonesia,” a Shopee Indonesia spokesperson said.</p><p>As part of its supporting evidence, the KPPU said a Shopee director has also acted as a top officer at its delivery service arm since 2018.</p><p style=\"text-align: start;\">“Based on this, PT Shopee Intenational Indonesia has discriminated in the selection of shipping service companies that are automatically activated in bulk on the seller dashboard,” the antitrust watchdog said in a statement.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SE":"Sea Ltd"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1106023190","content_text":"Indonesia’s antitrust authorities are investigating Southeast Asia’s e-commerce leader Sea Ltd. for potentially unfairly favoring its own delivery service over other alternatives.US-listed shares of Sea dropped 8% in morning trading Tuesday.Online shoppers in Indonesia can choose the company to deliver their purchases, and Sea’s e-commerce arm Shopee set up an algorithm that prioritized its own service over other options, including local contenders, the antitrust watchdog known as KPPU said in a hearing Tuesday. Shopee’s legal team, which was present at the event, is scheduled to respond at a follow-up hearing on June 11.Indonesia, with about 280 million people, is a key growth market for Singapore-based Sea as well as its competitors such as ByteDance Ltd.’s TikTok as well as Alibaba Group Holding Ltd.’s Lazada. If proven to have violated rules, Shopee will face potential fines and may need to change the way it presents delivery options to consumers.Shopee is “committed to complying with all applicable regulations and legislation in the Republic of Indonesia,” a Shopee Indonesia spokesperson said.As part of its supporting evidence, the KPPU said a Shopee director has also acted as a top officer at its delivery service arm since 2018.“Based on this, PT Shopee Intenational Indonesia has discriminated in the selection of shipping service companies that are automatically activated in bulk on the seller dashboard,” the antitrust watchdog said in a statement.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":310847831519392,"gmtCreate":1716896110113,"gmtModify":1716904199034,"author":{"id":"4151423133245452","authorId":"4151423133245452","name":"chan84","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"4151423133245452","idStr":"4151423133245452"},"htmlText":"Things like this will be taken seriously, Indo is now a booming trade, number of subscribers matters.","listText":"Things like this will be taken seriously, Indo is now a booming trade, number of subscribers matters.","text":"Things like this will be taken seriously, Indo is now a booming trade, number of subscribers matters.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/310847831519392","repostId":1106023190,"repostType":4,"repost":{"id":"1106023190","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1716903700,"share":"https://ttm.financial/m/news/1106023190?lang=&edition=fundamental","pubTime":"2024-05-28 21:41","market":"us","language":"en","title":"Sea Shares Sink Over 8% As Indonesia Investigates Southeast Asia’s E-Commerce Giant","url":"https://stock-news.laohu8.com/highlight/detail?id=1106023190","media":"Tiger Newspress","summary":"Indonesia’s antitrust authorities are investigating Southeast Asia’s e-commerce leader Sea Ltd. for potentially unfairly favoring its own delivery service over other alternatives.US-listed shares of S","content":"<html><head></head><body><p>Indonesia’s antitrust authorities are investigating Southeast Asia’s e-commerce leader Sea Ltd. for potentially unfairly favoring its own delivery service over other alternatives.</p><p>US-listed shares of Sea dropped 8% in morning trading Tuesday.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/6b672284787d2b2767c8868c713c2884\" tg-width=\"847\" tg-height=\"621\"/></p><p style=\"text-align: start;\">Online shoppers in Indonesia can choose the company to deliver their purchases, and Sea’s e-commerce arm Shopee set up an algorithm that prioritized its own service over other options, including local contenders, the antitrust watchdog known as KPPU said in a hearing Tuesday. Shopee’s legal team, which was present at the event, is scheduled to respond at a follow-up hearing on June 11.</p><p style=\"text-align: start;\">Indonesia, with about 280 million people, is a key growth market for Singapore-based Sea as well as its competitors such as ByteDance Ltd.’s TikTok as well as Alibaba Group Holding Ltd.’s Lazada. If proven to have violated rules, Shopee will face potential fines and may need to change the way it presents delivery options to consumers.</p><p style=\"text-align: start;\">Shopee is “committed to complying with all applicable regulations and legislation in the Republic of Indonesia,” a Shopee Indonesia spokesperson said.</p><p>As part of its supporting evidence, the KPPU said a Shopee director has also acted as a top officer at its delivery service arm since 2018.</p><p style=\"text-align: start;\">“Based on this, PT Shopee Intenational Indonesia has discriminated in the selection of shipping service companies that are automatically activated in bulk on the seller dashboard,” the antitrust watchdog said in a statement.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Sea Shares Sink Over 8% As Indonesia Investigates Southeast Asia’s E-Commerce Giant</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSea Shares Sink Over 8% As Indonesia Investigates Southeast Asia’s E-Commerce Giant\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2024-05-28 21:41</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Indonesia’s antitrust authorities are investigating Southeast Asia’s e-commerce leader Sea Ltd. for potentially unfairly favoring its own delivery service over other alternatives.</p><p>US-listed shares of Sea dropped 8% in morning trading Tuesday.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/6b672284787d2b2767c8868c713c2884\" tg-width=\"847\" tg-height=\"621\"/></p><p style=\"text-align: start;\">Online shoppers in Indonesia can choose the company to deliver their purchases, and Sea’s e-commerce arm Shopee set up an algorithm that prioritized its own service over other options, including local contenders, the antitrust watchdog known as KPPU said in a hearing Tuesday. Shopee’s legal team, which was present at the event, is scheduled to respond at a follow-up hearing on June 11.</p><p style=\"text-align: start;\">Indonesia, with about 280 million people, is a key growth market for Singapore-based Sea as well as its competitors such as ByteDance Ltd.’s TikTok as well as Alibaba Group Holding Ltd.’s Lazada. If proven to have violated rules, Shopee will face potential fines and may need to change the way it presents delivery options to consumers.</p><p style=\"text-align: start;\">Shopee is “committed to complying with all applicable regulations and legislation in the Republic of Indonesia,” a Shopee Indonesia spokesperson said.</p><p>As part of its supporting evidence, the KPPU said a Shopee director has also acted as a top officer at its delivery service arm since 2018.</p><p style=\"text-align: start;\">“Based on this, PT Shopee Intenational Indonesia has discriminated in the selection of shipping service companies that are automatically activated in bulk on the seller dashboard,” the antitrust watchdog said in a statement.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SE":"Sea Ltd"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1106023190","content_text":"Indonesia’s antitrust authorities are investigating Southeast Asia’s e-commerce leader Sea Ltd. for potentially unfairly favoring its own delivery service over other alternatives.US-listed shares of Sea dropped 8% in morning trading Tuesday.Online shoppers in Indonesia can choose the company to deliver their purchases, and Sea’s e-commerce arm Shopee set up an algorithm that prioritized its own service over other options, including local contenders, the antitrust watchdog known as KPPU said in a hearing Tuesday. Shopee’s legal team, which was present at the event, is scheduled to respond at a follow-up hearing on June 11.Indonesia, with about 280 million people, is a key growth market for Singapore-based Sea as well as its competitors such as ByteDance Ltd.’s TikTok as well as Alibaba Group Holding Ltd.’s Lazada. If proven to have violated rules, Shopee will face potential fines and may need to change the way it presents delivery options to consumers.Shopee is “committed to complying with all applicable regulations and legislation in the Republic of Indonesia,” a Shopee Indonesia spokesperson said.As part of its supporting evidence, the KPPU said a Shopee director has also acted as a top officer at its delivery service arm since 2018.“Based on this, PT Shopee Intenational Indonesia has discriminated in the selection of shipping service companies that are automatically activated in bulk on the seller dashboard,” the antitrust watchdog said in a statement.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":310841143439512,"gmtCreate":1716894603018,"gmtModify":1716904111963,"author":{"id":"4171177089370882","authorId":"4171177089370882","name":"RichieTansc","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":3,"crmLevelSwitch":0,"authorIdStr":"4171177089370882","idStr":"4171177089370882"},"htmlText":"Good work, KPPU","listText":"Good work, KPPU","text":"Good work, KPPU","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/310841143439512","repostId":1106023190,"repostType":2,"repost":{"id":"1106023190","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1716903700,"share":"https://ttm.financial/m/news/1106023190?lang=&edition=fundamental","pubTime":"2024-05-28 21:41","market":"us","language":"en","title":"Sea Shares Sink Over 8% As Indonesia Investigates Southeast Asia’s E-Commerce Giant","url":"https://stock-news.laohu8.com/highlight/detail?id=1106023190","media":"Tiger Newspress","summary":"Indonesia’s antitrust authorities are investigating Southeast Asia’s e-commerce leader Sea Ltd. for potentially unfairly favoring its own delivery service over other alternatives.US-listed shares of S","content":"<html><head></head><body><p>Indonesia’s antitrust authorities are investigating Southeast Asia’s e-commerce leader Sea Ltd. for potentially unfairly favoring its own delivery service over other alternatives.</p><p>US-listed shares of Sea dropped 8% in morning trading Tuesday.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/6b672284787d2b2767c8868c713c2884\" tg-width=\"847\" tg-height=\"621\"/></p><p style=\"text-align: start;\">Online shoppers in Indonesia can choose the company to deliver their purchases, and Sea’s e-commerce arm Shopee set up an algorithm that prioritized its own service over other options, including local contenders, the antitrust watchdog known as KPPU said in a hearing Tuesday. Shopee’s legal team, which was present at the event, is scheduled to respond at a follow-up hearing on June 11.</p><p style=\"text-align: start;\">Indonesia, with about 280 million people, is a key growth market for Singapore-based Sea as well as its competitors such as ByteDance Ltd.’s TikTok as well as Alibaba Group Holding Ltd.’s Lazada. If proven to have violated rules, Shopee will face potential fines and may need to change the way it presents delivery options to consumers.</p><p style=\"text-align: start;\">Shopee is “committed to complying with all applicable regulations and legislation in the Republic of Indonesia,” a Shopee Indonesia spokesperson said.</p><p>As part of its supporting evidence, the KPPU said a Shopee director has also acted as a top officer at its delivery service arm since 2018.</p><p style=\"text-align: start;\">“Based on this, PT Shopee Intenational Indonesia has discriminated in the selection of shipping service companies that are automatically activated in bulk on the seller dashboard,” the antitrust watchdog said in a statement.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Sea Shares Sink Over 8% As Indonesia Investigates Southeast Asia’s E-Commerce Giant</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSea Shares Sink Over 8% As Indonesia Investigates Southeast Asia’s E-Commerce Giant\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2024-05-28 21:41</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Indonesia’s antitrust authorities are investigating Southeast Asia’s e-commerce leader Sea Ltd. for potentially unfairly favoring its own delivery service over other alternatives.</p><p>US-listed shares of Sea dropped 8% in morning trading Tuesday.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/6b672284787d2b2767c8868c713c2884\" tg-width=\"847\" tg-height=\"621\"/></p><p style=\"text-align: start;\">Online shoppers in Indonesia can choose the company to deliver their purchases, and Sea’s e-commerce arm Shopee set up an algorithm that prioritized its own service over other options, including local contenders, the antitrust watchdog known as KPPU said in a hearing Tuesday. Shopee’s legal team, which was present at the event, is scheduled to respond at a follow-up hearing on June 11.</p><p style=\"text-align: start;\">Indonesia, with about 280 million people, is a key growth market for Singapore-based Sea as well as its competitors such as ByteDance Ltd.’s TikTok as well as Alibaba Group Holding Ltd.’s Lazada. If proven to have violated rules, Shopee will face potential fines and may need to change the way it presents delivery options to consumers.</p><p style=\"text-align: start;\">Shopee is “committed to complying with all applicable regulations and legislation in the Republic of Indonesia,” a Shopee Indonesia spokesperson said.</p><p>As part of its supporting evidence, the KPPU said a Shopee director has also acted as a top officer at its delivery service arm since 2018.</p><p style=\"text-align: start;\">“Based on this, PT Shopee Intenational Indonesia has discriminated in the selection of shipping service companies that are automatically activated in bulk on the seller dashboard,” the antitrust watchdog said in a statement.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SE":"Sea Ltd"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1106023190","content_text":"Indonesia’s antitrust authorities are investigating Southeast Asia’s e-commerce leader Sea Ltd. for potentially unfairly favoring its own delivery service over other alternatives.US-listed shares of Sea dropped 8% in morning trading Tuesday.Online shoppers in Indonesia can choose the company to deliver their purchases, and Sea’s e-commerce arm Shopee set up an algorithm that prioritized its own service over other options, including local contenders, the antitrust watchdog known as KPPU said in a hearing Tuesday. Shopee’s legal team, which was present at the event, is scheduled to respond at a follow-up hearing on June 11.Indonesia, with about 280 million people, is a key growth market for Singapore-based Sea as well as its competitors such as ByteDance Ltd.’s TikTok as well as Alibaba Group Holding Ltd.’s Lazada. If proven to have violated rules, Shopee will face potential fines and may need to change the way it presents delivery options to consumers.Shopee is “committed to complying with all applicable regulations and legislation in the Republic of Indonesia,” a Shopee Indonesia spokesperson said.As part of its supporting evidence, the KPPU said a Shopee director has also acted as a top officer at its delivery service arm since 2018.“Based on this, PT Shopee Intenational Indonesia has discriminated in the selection of shipping service companies that are automatically activated in bulk on the seller dashboard,” the antitrust watchdog said in a statement.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":310803122610368,"gmtCreate":1716885288880,"gmtModify":1716885293414,"author":{"id":"4091753544363040","authorId":"4091753544363040","name":"Ahlec","avatar":"https://static.tigerbbs.com/81afb03fdd19de870e28208208ff7909","vip":1,"crmLevel":5,"crmLevelSwitch":0,"authorIdStr":"4091753544363040","idStr":"4091753544363040"},"htmlText":"Overreaction","listText":"Overreaction","text":"Overreaction","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/310803122610368","repostId":1106023190,"repostType":2,"repost":{"id":"1106023190","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1716903700,"share":"https://ttm.financial/m/news/1106023190?lang=&edition=fundamental","pubTime":"2024-05-28 21:41","market":"us","language":"en","title":"Sea Shares Sink Over 8% As Indonesia Investigates Southeast Asia’s E-Commerce Giant","url":"https://stock-news.laohu8.com/highlight/detail?id=1106023190","media":"Tiger Newspress","summary":"Indonesia’s antitrust authorities are investigating Southeast Asia’s e-commerce leader Sea Ltd. for potentially unfairly favoring its own delivery service over other alternatives.US-listed shares of S","content":"<html><head></head><body><p>Indonesia’s antitrust authorities are investigating Southeast Asia’s e-commerce leader Sea Ltd. for potentially unfairly favoring its own delivery service over other alternatives.</p><p>US-listed shares of Sea dropped 8% in morning trading Tuesday.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/6b672284787d2b2767c8868c713c2884\" tg-width=\"847\" tg-height=\"621\"/></p><p style=\"text-align: start;\">Online shoppers in Indonesia can choose the company to deliver their purchases, and Sea’s e-commerce arm Shopee set up an algorithm that prioritized its own service over other options, including local contenders, the antitrust watchdog known as KPPU said in a hearing Tuesday. Shopee’s legal team, which was present at the event, is scheduled to respond at a follow-up hearing on June 11.</p><p style=\"text-align: start;\">Indonesia, with about 280 million people, is a key growth market for Singapore-based Sea as well as its competitors such as ByteDance Ltd.’s TikTok as well as Alibaba Group Holding Ltd.’s Lazada. If proven to have violated rules, Shopee will face potential fines and may need to change the way it presents delivery options to consumers.</p><p style=\"text-align: start;\">Shopee is “committed to complying with all applicable regulations and legislation in the Republic of Indonesia,” a Shopee Indonesia spokesperson said.</p><p>As part of its supporting evidence, the KPPU said a Shopee director has also acted as a top officer at its delivery service arm since 2018.</p><p style=\"text-align: start;\">“Based on this, PT Shopee Intenational Indonesia has discriminated in the selection of shipping service companies that are automatically activated in bulk on the seller dashboard,” the antitrust watchdog said in a statement.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Sea Shares Sink Over 8% As Indonesia Investigates Southeast Asia’s E-Commerce Giant</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSea Shares Sink Over 8% As Indonesia Investigates Southeast Asia’s E-Commerce Giant\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2024-05-28 21:41</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Indonesia’s antitrust authorities are investigating Southeast Asia’s e-commerce leader Sea Ltd. for potentially unfairly favoring its own delivery service over other alternatives.</p><p>US-listed shares of Sea dropped 8% in morning trading Tuesday.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/6b672284787d2b2767c8868c713c2884\" tg-width=\"847\" tg-height=\"621\"/></p><p style=\"text-align: start;\">Online shoppers in Indonesia can choose the company to deliver their purchases, and Sea’s e-commerce arm Shopee set up an algorithm that prioritized its own service over other options, including local contenders, the antitrust watchdog known as KPPU said in a hearing Tuesday. Shopee’s legal team, which was present at the event, is scheduled to respond at a follow-up hearing on June 11.</p><p style=\"text-align: start;\">Indonesia, with about 280 million people, is a key growth market for Singapore-based Sea as well as its competitors such as ByteDance Ltd.’s TikTok as well as Alibaba Group Holding Ltd.’s Lazada. If proven to have violated rules, Shopee will face potential fines and may need to change the way it presents delivery options to consumers.</p><p style=\"text-align: start;\">Shopee is “committed to complying with all applicable regulations and legislation in the Republic of Indonesia,” a Shopee Indonesia spokesperson said.</p><p>As part of its supporting evidence, the KPPU said a Shopee director has also acted as a top officer at its delivery service arm since 2018.</p><p style=\"text-align: start;\">“Based on this, PT Shopee Intenational Indonesia has discriminated in the selection of shipping service companies that are automatically activated in bulk on the seller dashboard,” the antitrust watchdog said in a statement.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SE":"Sea Ltd"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1106023190","content_text":"Indonesia’s antitrust authorities are investigating Southeast Asia’s e-commerce leader Sea Ltd. for potentially unfairly favoring its own delivery service over other alternatives.US-listed shares of Sea dropped 8% in morning trading Tuesday.Online shoppers in Indonesia can choose the company to deliver their purchases, and Sea’s e-commerce arm Shopee set up an algorithm that prioritized its own service over other options, including local contenders, the antitrust watchdog known as KPPU said in a hearing Tuesday. Shopee’s legal team, which was present at the event, is scheduled to respond at a follow-up hearing on June 11.Indonesia, with about 280 million people, is a key growth market for Singapore-based Sea as well as its competitors such as ByteDance Ltd.’s TikTok as well as Alibaba Group Holding Ltd.’s Lazada. If proven to have violated rules, Shopee will face potential fines and may need to change the way it presents delivery options to consumers.Shopee is “committed to complying with all applicable regulations and legislation in the Republic of Indonesia,” a Shopee Indonesia spokesperson said.As part of its supporting evidence, the KPPU said a Shopee director has also acted as a top officer at its delivery service arm since 2018.“Based on this, PT Shopee Intenational Indonesia has discriminated in the selection of shipping service companies that are automatically activated in bulk on the seller dashboard,” the antitrust watchdog said in a statement.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":15,"commentSize":6,"repostSize":4,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1106023190"}