Shopee’s long and windy path to profitability has been a well-covered topic over the past years,including in Cube Pulse.
After shifting between topline GMV growth and EBITDA profitability – but rarely both at once – the company has finally crossed an important milestone by achieving EBITDA profitabilityandhealthy regional GMV growth in the third quarter of 2024.
Furthermore, management indicates that this will continue.