Shopee-owner Sea's high spending powers revenue beat, but weighs on profits Sea Ltd reported a sharp rise in sales and marketing expenses during the third quarter, boosting revenue but weighing on ...
SINGAPORE - New York Stock Exchange-listed Sea announced its first-ever profitable year with earnings of US$162.7 million (S$218.5 million) for 2023, reversing from a loss of US$1.7 billion in 2022.
SHOPEE has morphed into a juggernaut in South-east Asia just a decade after it was founded, and its strong grip on sellers partly accounts for why the ecommerce platform has been profitable for the ...
Aug 12 (Reuters) - Sea Ltd (SE.N), opens new tab topped market estimates for quarterly revenue on Tuesday, powered by strong demand in its Shopee e-commerce business and its gaming division, sending ...