Analysts from DBS Group Research and UOB Kay Hian have maintained their respective “buy” calls on Sea Limited after the tech group reported a 158.6% y-o-y surge in revenue to US$2.28 billion ($3.10 billion) for the 2QFY2021 ended June.

The NYSE-listed Sea, however, saw its net loss deepen to US$433.7 million from US$393.5 million on the back of higher expenses in sales and marketing, general and administrative purposes, as well as research and development purposes.


See also: Sea Limited's sweet partnership with the Kuoks


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