Once upon a time, e-Commerce was seen as a platform to sell and deliver goods, focusing also on revenue and number of buyers. Nowadays, e-Commerce is no longer a compelling story if all it does is sell goods.
Shopify's partner channels include Google, Facebook, Walmart, Target, Nifty, and other multi-industries, and as an e-Commerce floor tool, it helps sellers get traffic and business through these channels. This is the bottom line of its courage to declare war on Amazon: filling in Amazon's e-commerce ocean with "new islands".
Shopify has invested in companies such as Global E and Stripe, which not only cover areas that are important to its own business but also have a good capital market performance.
Sea is also an all-rounder in the internet sector. In addition to Shopee, which has started to enter Latin American countries such as Brazil after coming out on top in South East Asia, its gaming business has a strong presence in South East Asia and the US.
The two also have in common the layout of the e-commerce chain: payment tools and digital finance; Sea uses the mobile payment tool Seamoney to serve merchants and consumers while extending digital financial services to consolidate its business; Shopify makes its payment tool Shop Pay independent so that non-Shopify merchants can also use this tool to receive payments. For all these reasons the curve of financial payments is on the rise.
【Source text: by report】
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