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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Revenue      
Revenue $ 4,375,664 $ 2,175,378 $ 826,968
Cost of revenue      
Cost of revenue (3,026,759) (1,570,458) (812,210)
Gross profit 1,348,905 604,920 14,758
Operating income (expenses)      
Other operating income 189,645 15,890 9,799
Sales and marketing expenses (1,830,875) (969,543) (705,015)
General and administrative expenses (657,215) (385,865) (240,781)
Research and development expenses (353,785) (156,634) (67,529)
Total operating expenses (2,652,230) (1,496,152) (1,003,526)
Operating loss (1,303,325) (891,232) (988,768)
Interest income 24,804 33,935 11,520
Interest expense (148,243) (48,208) (31,295)
Investment gain (loss), net (17,820) 11,794 8,603
Changes in fair value of convertible notes (87) (472,877) 41,259
Foreign exchange gain (loss) (38,567) (2,031) 4,801
Loss before income tax and share of results of equity investees (1,483,238) (1,368,619) (953,880)
Income tax expense (141,640) (85,864) (4,088)
Share of results of equity investees 721 (3,239) (3,066)
Net loss (1,624,157) (1,457,722) (961,034)
Net (profit) loss attributable to non-controlling interests 6,101 (5,077) (207)
Net loss attributable to Sea Limited's ordinary shareholders $ (1,618,056) $ (1,462,799) $ (961,241)
Loss per share:      
Basic and diluted (in dollars per share) $ (3.39) $ (3.35) $ (2.84)
Weighted average shares used in loss per share computation:      
Basic and diluted (in shares) 477,264,888 436,601,801 338,472,987
Digital Entertainment [Member]      
Revenue      
Revenue $ 2,015,972 $ 1,136,017 $ 462,464
Cost of revenue      
Cost of revenue (702,329) (435,905) (267,359)
E-Commerce and Other Services [Member]      
Revenue      
Revenue 1,777,330 822,659 270,049
Cost of revenue      
Cost of revenue (1,743,773) (907,518) (446,281)
Sales of Goods [Member]      
Revenue      
Revenue 582,362 216,702 94,455
Cost of revenue      
Cost of revenue $ (580,657) $ (227,035) $ (98,570)