Singapore's Sea hunts growth and profit, with losses in rearview mirror

CEO Forrest Li sees better 2025 earnings than expected, with $414m income in Q2

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Singapore's Sea, operator of the Shopee e-commerce service, reported a more than fivefold increase in net profit for the April-June quarter. © Reuters

DYLAN LOH

SINGAPORE -- Consumer technology group Sea on Tuesday signaled a shift into an expansionary phase of operations where it will chase growth and profit as the Singapore-based firm moves further away from its loss-making past.

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