SINGAPORE -- Singapore-based Sea on Tuesday ended a streak of quarterly profits as the tech group suffers slower growth and steps up investments in its e-commerce business against new rivals like TikTok.
Tech group focuses on e-commerce investment to fend off TikTok, other rivals
Sea's Shopee leads the Southeast Asian e-commerce market but faces rising competition. © Reuters
SINGAPORE -- Singapore-based Sea on Tuesday ended a streak of quarterly profits as the tech group suffers slower growth and steps up investments in its e-commerce business against new rivals like TikTok.