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The Singapore-based e-commerce giant — which continues to rank first in the shopping category by average monthly active users and total time spent in-app across Southeast Asia and Taiwan, according to App Annie — reported an 80.6 percent boost in gross merchandise value (GMV) year-on-year, with total orders up 123.2 percent year-on-year. Its revenue for the quarter stood at $1.5 billion, a 134.4 percent boost from Q3 2020, Kr Asia reports.
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