Southeast Asian e-commerce giant Sea (SE.US) misses Q3 earnings expectations as increased investment in AI and cloud businesses weighs on profit margin
智通财经2026/11/10 12:51Show original
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According to Zhihu Finance APP, Southeast Asian e-commerce giant Sea (SE.US) announced its financial results for the third quarter of 2026 before the U.S. stock market opened on Tuesday: revenue exceeded market expectations, but adjusted EBITDA missed expectations. To withstand fierce competition, the company increased its investment in AI and cloud technology, weighing on profit margins. After the results were released, Sea's share price fell 7% in pre-market trading.
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