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Internet Firm Sea Misses Sales Estimates on Slowing E-Commerce Demand

(Bloomberg) Sea Ltd. shares plunged 26% after the Asian technology company reported revenue that missed analysts’ estimates and said it plans to increase investment, a move that could erode profit margins. Most Read from BloombergRussia Calls Emergency Key Rate Meeting as Ruble PlungesHollywood Studios Offer Writers a New Deal With Push From Netflix, Iger to End StrikeTrump Indictment Lays Out Sweeping Georgia Election PlotRussia’s Emergency Rate Hike Fails to Lift Ruble After CrashChina Cuts

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