Shopee Consumer Orders Increased in the Final Quarter of 2024

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Adi Ahdiat 13/03/2025 15:23 WIB

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According to Sea Limited's report, the number of Shopee consumer orders in Asia and Latin America increased in Q4 2024, accompanied by a rise in gross merchandise value (GMV).

Shopee Order Volume and Gross Merchandise Value (Q1 2023 - Q4 2024)*

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Shopee Order Volume and Gross Merchandise Value (Q1 2023 - Q4 2024)*

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According to Sea Limited's report, the number of Shopee's gross orders from consumers in Asia and Latin America increased in the final quarter of 2024.

Gross orders are the total number of consumer orders placed with sellers on the Shopee app, including both successfully completed and canceled transactions.

In Q4 2024, Shopee received approximately 3 billion gross orders, a 20% year-on-year (YoY) increase compared to Q4 2023.

This was accompanied by an increase in Shopee's gross merchandise value (GMV), which grew by 23.5% (YoY) to US$28.6 billion.

For the full year 2024, Shopee received a total of 10.9 billion gross orders, with a total GMV of US$100.5 billion.

This is an increase compared to 2023, which saw 8.2 billion gross orders and a total GMV of US$78.5 billion.

"We achieved remarkable results in 2024, with our three business segments again delivering strong double-digit growth," said Sea Limited CEO Forrest Li in a press release (March 4, 2025).

"We are confident in our ability to continue profitable growth in 2025. We expect Shopee's GMV growth in 2025 to reach approximately 20%, with improved profitability," he added.

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."

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Shopee Consumer Orders Increased in the Final Quarter of 2024

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