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Southeast Asian internet giant Sea’s e-commerce arm Shopee lays off staff in food delivery, online payments & global teams – report

Southeast Asian internet giant Sea Ltd’s e-commerce arm Shopee will lay off some workers in its ShopeeFood and ShopeePay teams in the region. It will also let go part of its teams in Mexico, Argentina and Chile, as well as a cross-border team supporting the market in Spain.

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Martech Spending Grows as Percentage of Marketing Budget: CMO Survey

April 26, 2024

Martech keeps taking larger bites out of marketing budgets: 17.3% last year, 19.9% this year, 23.5% next year, and 30.9% five years from now, according to the latest CMO Survey. This despite barely more than half (56.4%) of current tools being used and nearly half (48.8%) of the survey respondents reporting worse-than-expected results. Oddly enough, marketers rate selecting marketing technologies as the thing they do best.

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