SINGAPORE -- Singapore-based tech group Sea will "ramp up" investments in its online shopping business across all markets, the company said Tuesday, as the largest Southeast Asian player faces increasing competition in the region from new rivals like TikTok.
Technology
Singapore's Sea to 'ramp up' Shopee investments amid TikTok's rise
Stock falls more than 28% in New York as company warns of impact on bottom line
Southeast Asian tech company Sea intends to invest more in its Shopee e-commerce unit as competition heats up. © Reuters
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