For its digital entertainment segment Garena, revenue came in at US$0.9 billion in 2QFY2022 compared to US$1 billion a year ago, mainly due to the softening of bookings post-COVID.
Tech conglomerate Sea has seen its losses more than double in its 2QFY2022 ended June 30, compared to the same period a year earlier.
Losses for Sea rose from US$433 million ($595.66 million) to US$931 million in 2QFY2022. However, revenue for the company rose 29% for the quarter to US$2.9 billion.
