Sea Limited (NYSE:SE – Get Free Report)’s share price gapped down before the market opened on Tuesday . The stock had previously closed at $71.98, but opened at $68.16. SEA shares last traded at $66.63, with a volume of 2,140,674 shares trading hands. Analysts Set New Price Targets A number of equities research analysts have […]
E-commerce platform Shopee, which is owned by Sea Limited, was accused of violating anti-competition rules on Tuesday by Indonesia's antitrust agency. The agency known as KPPU stated that the local unit of Shopee directed customers to use certain delivery services, violating anti-competition rules.
Indonesia s antitrust agency said Monday it was probing local units of e-commerce giants Shopee and Lazada for potential breaches of anti-competition rules.