Sea seeks $400M raise to develop its e-commerce and payment businesses - TechCrunch

Sea seeks $400M raise to develop its e-commerce and payment businesses - TechCrunch

TechCrunch

Sea seeks $400M raise to develop its e-commerce and payment businesses TechCrunch Revenue for Q1 jumped 81 percent year-on-year as its Shopee e-commerce service doubled its GMV and the firm's AirPay payment unit quadrupled its transaction volume, but ultimately the business remains unprofitable. Losses jumped from $73 million to ...