The owner of the e-commerce platform Shopee reported quarterly revenue that jumped almost 40% year on year to reach $5.3 billion.
Sea shares hit highest point in three years after it records $410.8 million in quarterly profit
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Sea’s operating expenses rose 28% in the past quarter, with its e-commerce arm—Shopee—looking to strengthen its competitive edge…
This boosted its parent company Sea Limited’s revenue to over $8.9 billion. Read more at straitstimes.com. Read more at…
Total revenue rose 2 per cent year on year to US$34.6 billion in the three months ended June 30.
Shares of Airbnb rose in extended trading after the company reporter third-quarter results that beat revenue expectations.
Bank of America sees shares of Sea Limited rising 32% from here.
Ample domestic and external liquidity should fuel another rally in Hong Kong this month, strategists at China Merchants…
