Billionaire Forrest Li’s Sea Sinks Deeper Into The Red As Shopee Losses Widen, Expenses Surge - Forbes

5/17/2022 12:00:00 AM2 years 11 months ago
by Jonathan Burgos
by Jonathan Burgos
Sea Ltd.—controlled by billionaire Forrest Li—sank deeper into the red in the first quarter as losses at its e-commerce platform Shopee widened and expenses surged.
Forrest Li, chairman and group chief executive officer of Sea Ltd., poses for a photograph in ... [+] Singapore on Wednesday, July 8, 2020. Demand for Sea's mobile games and online-shopping platform … [+3032 chars]
full article...