SINGAPORE -- Singapore-based tech group Sea will "rapidly" prioritize profitability after more than doubling its quarterly loss, shifting its stance on overseas expansion during the pandemic amid global uncertainties.
NYSE-listed group 'rapidly prioritizing profitability,' pauses e-commerce guidance
E-commerce site Shopee's parent company Sea says its efforts to improve efficiency involve more than just job cuts. © Reuters
SINGAPORE -- Singapore-based tech group Sea will "rapidly" prioritize profitability after more than doubling its quarterly loss, shifting its stance on overseas expansion during the pandemic amid global uncertainties.