Shopee Seller Daily 2025/11/12 Shopee Malaysia: Multi-Size Non-woven Tote Bag Sells 40K+ Monthly
1. Shopee Malaysia: Multi-Size Non-woven Tote Bag Sells 40K+ Monthly
Shopdora Data Insight: This multi-size non-woven tote bag stands out with its ultra-low pricing and eco-friendly design, securing the No. 1 position in the Women's Bags - Tote Bags & Specialty Bags category. With monthly sales reaching 41,378 units and a remarkable 106.89% growth over the past seven days, it demonstrates explosive potential. Sold by Pegasus Bags and offering 5 variants suitable for gifting and daily use, its high 4.9-star rating reflects strong buyer appeal amid growing market traction.
2. Shopee's 11.11 First 12-Hour Sales Surpass Full Black Friday 2024
Shopee's sales during the first 12 hours of the 11.11 shopping festival exceeded its entire Black Friday 2024 performance, setting new platform records for visits and order volume. Felipe Piringer, Head of Marketing, stated this achievement reflects consumer trust and confirms 11.11's status as a key annual discount event. Home appliances contributed over 10% of sales (rising two spots in rankings), furniture debuted as a top category, while mobile phones & accessories and home living products also excelled. Best-sellers included gaming consoles, smartphones, hot air brushes, exercise bikes, and microwaves. São Paulo, Minas Gerais, Rio de Janeiro, Paraná, and Bahia were the highest-purchasing states.
3. Sea Beats Q3 Revenue Forecasts with Shopee Driving 28% GMV Growth
Sea's Q3 revenue reached $5.986 billion, up 38.3% YoY and exceeding Wall Street expectations, with Shopee's revenue growing 35% to $4.3 billion as the key growth driver. Net profit surged 144.6% YoY to $375 million, though EPS of $0.59 missed analyst forecasts. Sea now expects Shopee's full-year GMV growth to exceed 25% (up from prior 20% guidance), but marketing costs rose significantly, contributing to total operating expenses of $2.12 billion (up 28% YoY).
4. Southeast Asia's 2025 Digital Economy Projected at $135B Revenue
According to a joint Bain-Temasek-Google report, Southeast Asia's digital economy revenue is forecast to hit $135 billion in 2025 (including four new country markets), with GMV growing to $305 billion led by e-commerce. Live-streamed commerce penetration reached 25% with expanding product categories; food delivery revenue is projected at $2.4 billion, supported by 60%-90% growth in related ad revenue. Payment GTV will reach $1.4 billion as nine countries join regional payment connectivity initiatives.