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SEGMENT REPORTING (Tables)
12 Months Ended
Dec. 31, 2022
SEGMENT REPORTING [Abstract]  
Information about Segments
Information about segments for the years ended December 31, 2020, 2021 and 2022 presented were as follows:

 
Year ended December 31, 2020
 
   
Digital
Entertainment
$
   
E-Commerce
$
   
Digital Financial
Services
$
   
Other
Services
$
   
Unallocated
expenses(1)
$
   
Consolidated
$
 
                                     
Revenue
   
2,015,972
     
2,167,149
     
60,785
      131,758
           
4,375,664
 
Operating income (loss)
   
1,016,793
     
(1,442,593
)
   
(520,075
)
    (49,006 )     (308,444 )    
(1,303,325
)
Non-operating loss, net
                                           
(179,913
)
Income tax expense
                                           
(141,640
)
Share of results of equity investees
                                           
721
 
Net loss
                                           
(1,624,157
)

 
Year ended December 31, 2021
 
   
Digital
Entertainment
$
   
E-Commerce
$
   
Digital Financial
Services
$
   
Other
Services
$
   
Unallocated
expenses(1)
$
   
Consolidated
$
 
                                     
Revenue
   
4,320,013
     
5,122,959
     
469,774
     
42,444
     
     
9,955,190
 
Operating income (loss)
   
2,500,081
     
(2,766,566
)
   
(640,422
)
   
(177,633
)
   
(498,520
)
   
(1,583,060
)
Non-operating loss, net
                                           
(132,124
)
Income tax expense
                                           
(332,865
)
Share of results of equity investees
                                           
5,019
 
Net loss
                                           
(2,043,030
)

 
Year ended December 31, 2022
 
   
Digital
Entertainment
$
   
E-Commerce
$
   
Digital Financial
Services
$
   
Other
Services
$
   
Unallocated
expenses(1)
$
   
Consolidated
$
 
                                     
Revenue
   
3,877,163
     
7,288,677
     
1,221,996
     
61,869
     
     
12,449,705
 
Operating income (loss)
   
1,971,416
     
(2,013,360
)
   
(277,264
)
   
(252,162
)
   
(916,138
)
   
(1,487,508
)
Non-operating loss, net
                                           
(13,025
)
Income tax expense
                                           
(168,395
)
Share of results of equity investees
                                           
11,156
 
Net loss
                                           
(1,657,772
)

(1)
Unallocated expenses are mainly relating to share-based compensation, impairment of goodwill of prior acquisitions that are not under the Company’s reportable segments, and general and corporate administrative costs such as professional fees and other miscellaneous items that are not allocated to segments. These expenses are excluded from segments results as they are not reviewed by the CODM as part of segment performance.
Revenue from External Customers Based on Geographical Locations
Revenue from external customers is classified based on the geographical locations where the services were provided.

 
Year ended December 31,
 
   
2020
$
   
2021
$
   
2022
$
 
                   
Revenue
                 
Southeast Asia
   
2,791,894
     
6,316,782
     
8,321,249
 
Latin America
   
790,308
     
1,850,861
     
2,043,918
 
Rest of Asia
   
655,007
     
1,394,342
     
1,727,187
 
Rest of the world
   
138,455
     
393,205
     
357,351
 
Consolidated revenue
   
4,375,664
     
9,955,190
     
12,449,705
 
Long-Lived Assets
Long-lived assets consist of property and equipment, operating lease right-of-use assets and intangible assets.

 
As of December 31,
 
   
2021
$
   
2022
$
 
             
Long-lived assets
           
Southeast Asia
   
1,412,748
     
1,804,846
 
Rest of Asia
   
262,978
     
348,116
 
Rest of the world
   
56,434
     
257,792
 
     
1,732,160
     
2,410,754