Singapore's Sea Misses Quarterly Revenue Estimates
Aug 15 - Southeast Asian technology firm Sea Ltd missed estimates for second-quarter revenue on Tuesday, as consumers held back spending on Internet and discretionary services.U.S.-listed shares of Sea tanked 14% in trading before the bell.Revenue grew over 5% from a year earlier to $3.10 billion, compared with analysts' estimate of $3.20 billion, according to Refinitiv data.In the three months ended June 30, revenue from e-commerce, which contributes about two-thirds of the company's top-line,