Singapore tech group Sea's Q3 revenue doubles but loss widens

Southeast Asia's most valuable company rides e-commerce and gaming boom

20201117N Shopee

Singapore e-commerce platform Shopee is is backed by China's Tencent Holdings. © Reuters

KENTARO IWAMOTO, Nikkei staff writer

SINGAPORE -- Sea, an online gaming and e-commerce group, on Tuesday reported a net loss of $425 million for the July-September quarter, wider than the $206 million loss a year earlier as it heavily invested in Southeast Asia market expansion.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.