Sea Ecommerce Losses: Sea posts surprise loss on hefty ecommerce investments, shares fall, ET Retail
Sea Ecommerce Losses: Rising competition from Alibaba Group's Lazada and ByteDance's TikTok, along with new entrants like PDD's Temu, have forced Sea to revamp its playbook this year, with warnings that the increased ecommerce investments may lead to losses in some quarters.
Source: indiatimes.com
