[Updated] Sea Group's losses widen in Q2 even as revenues grow at Shopee, SeaMoney

[Updated] Sea Group's losses widen in Q2 even as revenues grow at Shopee, SeaMoney

Source: Reuters

Editor’s note: This story has been updated to include analyst comments and comments from Sea’s earnings call.

New York-listed Sea Ltd. has posted a net loss of $931 million for the second quarter ended June 30, 2022, more than doubling from $433.7 million a year ago.

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