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Startups

NYSE-listed Sea's revenue soars 160% on ASEAN lockdowns

Singapore tech group's Q2 loss widens to $433m on aggressive marketing

The Singapore office of Shopee, an e-commerce arm of Sea: Online services are booming in pandemic-hit Southeast Asia.    © Reuters

SINGAPORE -- Southeast Asian nations' coronavirus lockdowns have quickened the revenue growth of the region's most valuable listed tech company, Sea, which has ramped up its ad spending to capture rising e-commerce demand.

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