Major e-commerce operators running their businesses in Thailand have reported combined operating losses of 39 billion baht during the past seven years.
According to data analytic service provider Creden Data, three major e-commerce operators, namely Lazada, Shopee, and JD Central, had a combined revenue of around 85 billion baht between 2015 and 2021. Lazada, however, is the only company to have ever reported a profit during this time period, which is 226 million baht for 2021. Shopee reported a 4.9 billion baht loss in that same year while…
