TechnologySingapore's Sea posts record revenue in Q1 on e-commerce growth
Tech group 'on track' for second straight annual profit despite stiff competition
Sea reported group revenue of $3.73 billion for the January-March period, up 23% on the year. © Reuters
TSUBASA SURUGA, Nikkei staff writer
SINGAPORE -- Singapore-based Sea on Tuesday posted record quarterly revenue for the first three months of the year on stronger e-commerce transactions, suggesting the tech group is handling tough competition with new entrants like China's ByteDance-owned TikTok.