Momentum Works: SE Asia’s e-commerce GMV hit $114.6B in 2023, up 15% YoY; Shopee had a 48% share and TikTok Shop’s GMV grew from $4.4B in 2022 to $16.3B in 2023 (Tsubasa Suruga/Nikkei Asia)

Tsubasa Suruga / Nikkei Asia:
Momentum Works: SE Asia's e-commerce GMV hit $114.6B in 2023, up 15% YoY; Shopee had a 48% share and TikTok Shop's GMV grew from $4.4B in 2022 to $16.3B in 2023  —  Combined with Tokopedia, ByteDance group takes second spot in $114bn market  —  SINGAPORE — TikTok, the viral short video app owned …