Shopee-owner Sea beats revenue estimates on online shopping surge


A person stands in front of a signage of Southeast Asian e-commerce and gaming group Sea Ltd's, at their office in Singapore March 5, 2021. REUTERS/Edgar Su/ File Photo

(Reuters) - Southeast Asian technology firm Sea Ltd beat estimates for second-quarter revenue on Tuesday, driven by strong growth in its e-commerce and financial services businesses.

The company also said CFO Tony Hou had stepped down from its board of directors.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Tech News

Spotify says piracy activists hacked its music catalogue
Italy watchdog orders Meta to halt WhatsApp terms barring rival AI chatbots
Podcast industry under siege as AI bots flood airways
Do online comments sections reflect public opinion? Study casts doubt
AI resurrections of dead celebrities amuse and rankle
US adds new models of China’s DJI and all other foreign-made drones to its blacklist
US denies visas to EU ex-commissioner, four others over tech rules
Online daters are getting serious about vetting their matches
Waymo to update software after San Francisco power outage snarls self-driving vehicles
Apple to allow third-party app stores in Brazil to settle iOS case with regulator

Others Also Read