Sea to stop using adjusted revenue metric after letter from US regulator

Sea to stop using adjusted revenue metric after letter from US regulator

The Shopee app, Garena Interactive Holding Ltd.'s mobile marketplace, is displayed on the smartphone of an employee at the company's headquarters in Singapore, on Thursday, Aug. 25, 2016. Photographer: Nicky Loh/Bloomberg

New York-listed Sea Ltd will stop reporting adjusted revenue, a non-GAAP accounting metric, after receiving a query from the US Securities and Exchange Commission (SEC).

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