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Shopee-owner Sea posts upbeat results on e-commerce strength

Shopee-owner Sea posts upbeat results on e-commerce strength
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Shares of Shopee-Owner Sea Surge 14% After Stronger-Than-Expected Revenue

Southeast Asian tech giant Sea’s shares rebounded, but its e-commerce site could slow due to macro uncertainties.

Shopee-owner Sea posts upbeat results on e-commerce strength

Singapore-based Sea Ltd on Tuesday beat quarterly sales estimates and posted a smaller-than-expected quarterly loss, driven by strength in its core e-commerce as well as digital payments business. .

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