SINGAPORE -- Singapore-based Sea on Tuesday posted a net profit of $444 million in 2024, tripling from the $150 million in 2023 and marking the second consecutive year of annual profit, as its core e-commerce business marked double-digit growth despite heightened competition with newer rivals like TikTok.
Retail
Sea's net profit triples in 2024 on strong e-commerce
Singaporean tech group expects 3rd consecutive year in the black in 2025
Sea reported its full-year earnings for 2024 on March 4. © Reuters
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