Sea Ltd's Q1 loss narrows to US$280.8m as revenue doubles
Add BT as a preferred sourceSingapore
SINGAPORE-based Sea Ltd on Monday posted a net loss of US$280.8 million for the first quarter to March, after chalking up US$689.6 million of losses a year ago.
The company, which operates gaming arm Garena and e-commerce platform Shopee, managed to narrow its losses in the first quarter as revenue more than doubled to US$714.9 million from US$351.9 million the year before.
TRENDING NOW
High Court rejects bid to bring ST Engineering unit into trademark infringement suit over RSAF aircraft parts
UOB CEO’s youngest child Grant Wee turns burnout into a wellness business
Vietnam seeks US$76 billion a year from capital markets to ease reliance on banks
Ex-Sakae director Ong Siew Kwee handed 10.5-year jail term for misappropriating S$15.8 million, lying in court
