Olivia Poh / Bloomberg:

Sea reports Q3 revenue up 38% YoY to $6B, above $5.65B est., a $375M net income, below $433M est., and Shopee revenue up 35% YoY to $4.3B and GMV up 28% YoY  —  Sea Ltd.'s quarterly profit missed analysts' estimates after the company boosted spending to battle competitors in Southeast Asia's cut-throat e-commerce market.

Olivia Poh / Bloomberg:

Sea reports Q3 revenue up 38% YoY to $6B, above $5.65B est., a $375M net income, below $433M est., and Shopee revenue up 35% YoY to $4.3B and GMV up 28% YoY  —  Sea Ltd.'s quarterly profit missed analysts' estimates after the company boosted spending to battle competitors in Southeast Asia's cut-throat e-commerce market.

Source: TechMeme
Source Link: http://www.techmeme.com/251111/p17#a251111p17