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Sea's 3Q losses widen to US$133 mil on higher costs and expenses

Samantha Chiew
Samantha Chiew • 1 min read
Sea's 3Q losses widen to US$133 mil on higher costs and expenses
SINGAPORE (Nov 22): Sea, the Singapore-based online entertainment and gaming firm formerly known as Garena, announced 3Q17 ended Selosses doubled to US$132.7 million ($179.8 million) from a loss of US$65.6 million in 3Q16.
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SINGAPORE (Nov 22): Sea, the Singapore-based online entertainment and gaming firm formerly known as Garena, announced 3Q17 ended Selosses doubled to US$132.7 million ($179.8 million) from a loss of US$65.6 million in 3Q16.

Group revenue saw a 4% increase to US$94.1 million from US$90.5 million a year ago.

The digital entertainment segment saw revenue drop by 7.4% to US$79.8 million from US$86.2 million last year.

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