Sea Ltd reports $144m loss in Q3 as it chases high-growth strategy

Sea Ltd reports $144m loss in Q3 as it chases high-growth strategy

FILE PHOTO: A lanyard showing logos of Southeast Asian e-commerce and gaming group Sea Ltd is pictured at its office in Singapore, March 5, 2021. REUTERS/Edgar Su/

After recording a profit in the previous three quarters, NYSE-listed Sea Ltd on Tuesday reported that its losses for the third quarter of 2023 stood at $144 million as the tech major chases a high-growth strategy, particularly in the fiercely competitive e-commerce space.

Edited by: Padma Priya

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