SHOPEE COMPANY LIMITED

SHOPEE COMPANY LIMITED (CÔNG TY TNHH SHOPEE) is a foreign direct investment (FDI) company operating in Vietnam, primarily engaged in managing and operating the Shopee e-commerce platform. Established on February 10, 2015, the company is legally registered as a one-member limited liability company (LLC) under Business ID: 0106773786. The company's Tax Code (TIN) is 0106773786, aligning with its business registration details.

Headquartered at 4th-5th-6th Floors, Capital Place Building, No. 29, Lieu Giai Street, Ngoc Khanh Ward, Ba Dinh District, Ha Noi City, Vietnam, SHOPEE COMPANY LIMITED has expanded its presence, operating a branch at 25th Floor, Saigon Center 2 Building, No. 67, Le Loi Street, Ben Nghe Ward, District 1, Ho Chi Minh City, Vietnam. The company is a subsidiary of SHOPEE INTERNATIONAL PRIVATE LIMITED (Singapore), which owns 100% of its shares.

Key Personnel

The company is led by Mr. TRAN ANH TUAN, an American national, who serves as the Director. His role includes overseeing business operations, financial strategy, and the expansion of SHOPEE COMPANY LIMITED in Vietnam’s competitive e-commerce sector.

Financial Overview

The company has demonstrated significant growth over the years, achieving strong revenue growth while facing fluctuations in profitability. As of December 31, 2023, the company reported the following financial metrics:

• Total Assets: USD 357.57 million (YoY growth of 51.68%)
• Owner’s Equity: USD 92.78 million (YoY growth of 176.58%)
• Total Sales Revenue: USD 758.99 million (YoY growth of 68.73%)
• Net Profit: USD 59.23 million (YoY decline of -52.75%)
• Net Worth: USD 92.78 million

The financial performance indicates SHOPEE COMPANY LIMITED is expanding rapidly, with a strong increase in assets and revenue. However, the decline in profit suggests rising operational costs or competitive pressures in the Vietnamese e-commerce market.

Business Activities

SHOPEE COMPANY LIMITED operates one of the largest e-commerce platforms in Vietnam, facilitating online transactions for millions of users and merchants. The company’s registered activities include:

• Web portals and e-commerce operations
• Computer programming and IT services
• Software publishing and data processing
• Insurance brokerage and agency services

VANGUARD BUSINESS INFORMATION LLC (VBI), in its business risk assessment reports, would classify SHOPEE COMPANY LIMITED as a high-growth e-commerce entity with strong revenue but potential profitability challenges due to market competition and operational expenditures.