Sea to ramp up investments in logistics, infra as e-commerce competition grows

Sea to ramp up investments in logistics, infra as e-commerce competition grows

FILE PHOTO: A lanyard showing logos of Southeast Asian e-commerce and gaming group Sea Ltd is pictured at its office in Singapore, March 5, 2021. REUTERS/Edgar Su/

As it shifts focus from growth to profitability, NYSE-listed Sea Ltd said it will continuously invest in infrastructure to improve services for customers, which becomes increasingly crucial as competition in e-commerce intensifies in SE Asia.

Edited by: Padma Priya

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter