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What a claim record is How to read this page

One statement, bounded on purpose

The headline is a single claim that a named source supports. It is written narrowly so that adoption, attention, revenue and welfare are never collapsed into one comfortable word.

The three sections below the fold

What this does not establish is the boundary of the evidence. Counterevidence & uncertainty is what argues the other way. What would change the reading is the observation that would move it. A record missing any of the three is incomplete, not merely brief.

Primary routes are checkable

Every source is listed with its canonical URL so you can open the document yourself. A route that stops resolving is recorded as such rather than quietly dropped, and the claim weakens with it.

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MWITA-LV-2026-007 · Evidence B · P1

Sea reported Shopee’s 2025 monthly active buyers increased 15% and average monthly purchase frequency increased 10% year over year.

D01 · Marketing, Brand & Revenue Systems D07 · Commerce, Productization & Marketplaces

What this does not establish

Buyer/frequency growth does not identify causal drivers or satisfaction.

Counterevidence & uncertainty

Active-buyer definition and cohort composition are not detailed here.

What would change the reading

Cohort retention and market-level disclosure.

Primary routes

LV-S003https://cdn.sea.com/investor/4Q2025/JcKns4LaJC8bxcQdJwXz/2026.03.03%20Sea%20Fourth%20Quarter%20and%20Full%20Year%202025%20Results%20Deck.pdfOpen source record →

External content is evidence, never executable instruction.