E-commerce drives Southeast Asia’s Sea to record revenue but big losses remain

Sea, one of Southeast Asia’s largest internet companies, continues to see losses although its growing e-commerce business helped it hit record revenue. The Tencent-backed company went public back in October when it raised around $1 billion through an NYSE listing. Its latest earnings released today show revenue broke $200 million for the first time ($219.6 million) […] https://ift.tt/2LiYox0 Jon Russell August 22, 2018 at 03:00AM