Shopee's Revenue Increased by 64% (YoY) in Q1 2022

Technology & Telecommunications

Premium

Reza Pahlevi 18/05/2022 12:30 WIB

URL has been copied

Memuat...

Shopee reported revenue of US$1.5 billion in Q1 2022.

A Small Font
A Medium Font
A Bigger Font

You are accessing content Single Data Premium.
To continue, please subscribe or buy individually.

Professional

Enjoy premium access with a more affordable price.

Start from

~~Rp300.000~~ 150.000/month

Access more premium content and exclusive features for customers.

Start from

50.000/month

Hanya Rp833 per artikel

More details »

Buy Retail

Read the article immediately “Shopee's Revenue Increased by 64% (YoY) in Q1 2022”.

Rp10.000

We accept the following payments:

Some payment methods are still in the process of being activated.

Shopee Revenue (Q1 2021 - Q1 2022)

Download

Source

A Small Font
A Medium Font
A Bigger Font

Sea Group, Shopee's parent company, released its financial report on Tuesday (May 17, 2022). The report shows that the e-commerce application Shopee recorded revenue of US$1.5 billion in Q1 2022.

This revenue increased by 64% year-on-year (YoY). In Q1 2021, Shopee's revenue was only US$0.9 billion.

Despite year-on-year growth, Shopee's revenue decreased by 6.25% quarter-on-quarter (QoQ), compared to the US$1.6 billion recorded in Q4 2021.

Overall, Sea Group recorded total revenue of US$2.9 billion in Q1 2022. This represents a 64% YoY increase from US$1.76 billion in Q1 2021.

Although revenue increased, Sea Group's net loss swelled by 37.4% YoY to US$580.1 million. Previously, their net loss amounted to US$422.1 million in Q1 2021.

(Also Read: Shopee's Parent Company Market Capitalization Plummets, What is its Value Now?)

Editor : Adi Ahdiat

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

Related Data

South Sumatra Most Polluted in Indonesia Tonight (6/12)

10 Regions with the Cleanest Evening Air (Dec 6) in Indonesia

Mount Ibu Erupts Again This Afternoon (Saturday, December 6, 2025)

Prevalence of Inadequate Food Consumption in Cilacap Decreased by 1.39% in the Last Year

4.82% of Situbondo Regency Residents Have Higher Education by End of 2024

99 Hotspots Detected in Indonesia in the Last 24 Hours (Saturday, December 6, 2025)

Latest Data Stories

Today's Weather in Aceh Singkil: Humidity 68-94% Demographics 06/12/2025, 22:36 WIB

Light rain expected in South Tapanuli today. Demographics 06/12/2025, 21:39 WIB

Average Per Capita Monthly Expenditure in South Papua 2024 Consumer Services & Health 06/12/2025, 20:20 WIB

South Sumatra Most Polluted in Indonesia Tonight (6/12) Consumer Services & Health 06/12/2025, 19:48 WIB

Which Province Has the Highest Average Monthly Per Capita Expenditure? Market 06/12/2025, 19:30 WIB

Corn Productivity Based on the KSA Area Sample Framework, 2020-2024 Agroindustry 06/12/2025, 18:41 WIB

Download

Source

Shopee's Revenue Increased by 64% (YoY) in Q1 2022

Tags

Related Data

South Sumatra Most Polluted in Indonesia Tonight (6/12)

10 Regions with the Cleanest Evening Air (Dec 6) in Indonesia

Mount Ibu Erupts Again This Afternoon (Saturday, December 6, 2025)

Prevalence of Inadequate Food Consumption in Cilacap Decreased by 1.39% in the Last Year

4.82% of Situbondo Regency Residents Have Higher Education by End of 2024

99 Hotspots Detected in Indonesia in the Last 24 Hours (Saturday, December 6, 2025)

Latest Data Stories

Popular Data

Shopee's Revenue Increased by 64% (YoY) in Q1 2022

Tags

Related Data

South Sumatra Most Polluted in Indonesia Tonight (6/12)

10 Regions with the Cleanest Evening Air (Dec 6) in Indonesia

Mount Ibu Erupts Again This Afternoon (Saturday, December 6, 2025)

Prevalence of Inadequate Food Consumption in Cilacap Decreased by 1.39% in the Last Year

4.82% of Situbondo Regency Residents Have Higher Education by End of 2024

99 Hotspots Detected in Indonesia in the Last 24 Hours (Saturday, December 6, 2025)

Latest Data Stories

Trending Topics

Popular Data