Singapore's Sea logs drop in e-commerce profit as competition intensifies

rss · Nikkei 2026-05-12T16:27:05Z en
TechnologyInternet group's Q1 revenue hits $7bn, beating estimatesSea's revenue rose 46.6% year on year in the first quarter of 2026. © ReutersSINGAPORE -- The profitability of Sea's core e-commerce unit declined in the January-March period from a year earlier, the Singaporean technology group said Tuesday, underscoring intensifying competition.

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