Skip to content
Subscriber Only

Singapore's Sea Reports Wider Loss on E-Commerce Investment

Updated on

Sea Ltd., operator of Southeast Asia’s biggest gaming platform, reported a wider third-quarter loss on rising investments at e-commerce unit Shopee.

Net loss increased to $218 million in the three months ended Sept. 30 from $132.8 million a year earlier, the company said. Total revenue rose to $204.9 million from $94.1 million.