• Excellent cross
  border and domestic delivery solution provided by DHL eCommerce now integrated
  on Shopee platform in China

• �Shopee sellers in
  China will be able to use DHL to deliver to shoppers across Thailand more quickly
  and reliably

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SHANGHAI, CHINA� - Media OutReach
- October 19, 2018 - DHL eCommerce, a division of the world's leading logistics
company, Deutsche Post DHL Group (DPDHL), today announced a partnership in
China with Shopee, a leading e-commerce platform in Southeast Asia and Taiwan. The
partnership enables sellers in China to access consumers nationwide in Thailand,
with an expansion of the partnership to other Southeast Asian markets in the
pipeline. The e-commerce sector of this region has tremendous potential with a
CAGR of 32% between 2017 and 2025, and the market is expected to reach US$88 billion by 2025[1]. According to Statista, the
e-commerce gross merchandise revenue in Thailand will exceed US$5 billion by
2022, making it the second largest e-commerce market in Southeast Asia.

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L-R: Zhi Zheng (MD of DHL eCommerce Greater
China & North Asia) and Jianghong Liu (Head of Shopee Cross Border
eCommerce)

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"Direct selling to overseas consumers has never been easier and has
become a key growth driver for many businesses, with e-commerce as an easy
platform to enable international expansion. With logistics as a key enabler for
cross-border retailing, we want to empower our customers to tap into this huge
growth opportunity," says Zhi Zheng, Managing Director, DHL eCommerce Greater
China & North Asia. "Over the past few years, we have witnessed extremely
strong growth of B2C parcels from China, mainly powered by e-commerce. We are pleased
to partner Shopee to enable Chinese sellers to easily sell and deliver in
Thailand, whether it's doorstep delivery or for consumers to collect their
orders from our growing network of easily accessible ServicePoints -- which is
set to reach over 1,000 in Thailand by end-2018."

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With DHL eCommerce integrated on Shopee in China, sellers can easily
sell and deliver on one single platform and keep track of all shipments
directly on the app.

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"In recent years, we have witnessed the
rapid development of Southeast Asia's e-commerce market, and a growing number
of Chinese brands and sellers are staking a claim in this e-commerce goldmine.
However, the geographical complexity of this region has created some logistical
challenges. As a leading e-commerce platform in Southeast Asia, Shopee has
built its Shopee Logistics Servcies (SLS), a highly efficient logistics
delivery network that links China with Southeast Asia. We are delighted to work
with DHL, the world's leading logistics service provider, to grow SLS from
strength to strength. Our collaboration will make Shopee the e-commerce platform
of choice for cross-border sellers in China who aspire to sell into Southeast
Asia," said Jianghong Liu, Head of Shopee Cross Border eCommerce.�

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Currently, Shopee's SLS is operational
in seven markets in Southeast Asia and Taiwan. With shipping costs 20% to 30%
lower than typical market rates and better transit times, SLS makes cross
border logistics a breeze for Chinese sellers. The collaboration between Shopee
and DHL eCommerce will further enhance the capabilities of SLS. DHL will provide Shopee sellers with door-to-door logistics services,
ensuring products will reach consumers in Thailand safely and quickly. To mark the start of this
partnership, Shopee customers who select DHL eCommerce's services from October 19
-- 22,
2018 will enjoy free shipping to Thailand. In addition,
DHL eCommerce's customers in China who join and sell on Shopee's platform will
receive exclusive support to list their merchandise on the "Cross Border Recommendation -- Products
from China" page on Shopee's Thailand site.

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By selecting DHL eCommerce as their logistics partner, Shopee sellers will
enjoy seamless delivery from the seller's pick-up location in China to the end
consumer in Thailand. With over 70% of the population in Southeast Asia still
unbanked, DHL eCommerce also enables cash-on-delivery (COD) service for
shoppers to pay for their purchases in cash and only upon delivery.

About DHL

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DHL is the leading global brand in the logistics industry. Our
DHL family of divisions offer an unrivalled portfolio of logistics services
ranging from national and international parcel delivery, e-commerce shipping
and fulfillment solutions, international express, road, air and ocean transport
to industrial supply chain management. With about 360,000 employees in more
than 220 countries and territories worldwide, DHL connects people and
businesses securely and reliably, enabling global trade flows. With specialized
solutions for growth markets and industries including technology, life sciences
and healthcare, energy, automotive and retail, a proven commitment to corporate
responsibility and an unrivalled presence in developing markets, DHL is
decisively positioned as "The logistics company for the world".

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DHL is part of Deutsche Post
DHL Group. The Group generated revenues of more than 60 billion euros in 2017.

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About Shopee

Shopee
is the leading e-commerce platform in Southeast Asia and Taiwan. It is a
platform tailored for the region, providing customers with an easy, secure and
fast online shopping experience through strong payment and logistical support.

Shopee
aims to continually enhance its platform and become the region's e-commerce
destination of choice. Shopee has a wide selection of product categories
ranging from consumer electronics to home & living, health & beauty,
baby & toys, fashion and fitness equipment.

Shopee,
a Sea company, was first launched in Singapore in 2015, and has since expanded
its reach to Malaysia, Thailand, Taiwan, Indonesia, Vietnam and the
Philippines. Sea is a leader in digital entertainment, e-commerce and digital
financial services across Greater Southeast Asia. Sea's mission is to better
the lives of consumers and small businesses with technology, and is listed on
the NYSE under the symbol SE.