SINGAPORE: Singapore-based e-commerce giant Sea, the parent company of Shopee, has committed to expanding its investments in Malaysia, creating more than 2,000 jobs in the process.
Shopee is the largest pan-regional e-commerce platform in Southeast Asia and Taiwan.
Malaysia's Minister of International Trade and Industry, Tengku Zafrul Aziz announced this move during his official visit to the company’s headquarters in Singapore on Sunday (Jan 29).
Sea's decision to expand its investment footprint in Malaysia reflects the company’s confidence in the prospects, as well as the operational and policy stability of the country’s business landscape, he added.
During the minister's visit, Sea shared its proposed expansion plans in Malaysia, involving the setting up of cloud computing services, data hosting and processing, as well as a new logistics e-commerce warehouse.
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