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Singapore’s Sea Limited posts first profitable year amid efforts to defend market share against Lazada, TikTok

Singapore's Sea Limited posts first profitable year amid efforts to defend market share against Lazada, TikTok

MariBank, Singapore tech giant Sea Group’s digital bank, has launched in Singapore to select members of the public as it rolls out its services progressively.

Rafael Henrique | Sopa Images | Lightrocket | Getty Images

Southeast Asian tech giant Sea Limited on Monday

amid efforts to defend market share against Alibaba-owned Lazada and TikTok.

Net income in 2023 was $162.7 million, as compared to a net loss of $1.7…

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